7022: DIAGNOSTIC FIX – ACCOUNT 3550 BALANCE
“ERROR: Account 3550 Balance = xxx”
ACCOUNTS BALANCE, Open Periods Only
3550, Delta Number
This is a special case error. Although the Diagnostics say it is self correcting, if there are transactions on 3550 it will not self correct.
Account 3550 is a temporary display account for the Balance Sheet. There should never be transactions posted to this account (can be seen by looking at the Detail Activity for 3550).
If you run the Diagnostics twice and get this same error, fix as follows:
Go to Ledger > Account Categories
Find 3550 (Current Income)
Click Detail History > All Transactions
All transactions that show on this list must be moved to another account, using the Programmers windows.
Double click the transaction in the list.
The Transaction Inspector window will open
Double Click the the transaction for Account 3550
On the Transaction Detail window, EDIT, and change the CONNECTIONS: ACCOUNT field to a different Account Number.
Click the PROG button.
Click Reset ABAL, and run this for both 3550 and the new Account.
Note: If this was an intentional posting to a “retained earnings” account, you amy need to insert a new account number in order to move this posting to that number.