- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Best Answer Click here
This discussion has been locked.
No new contributions can be made. You may start a new discussion
here
Accepted Solutions
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Yes - it tells me that we must complete Schedule L. But I've done that and the error didn't go away. The only items on the balance sheet are a loan from one of the partners and the capital accounts. I entered the special allocation code on the Partners' Liabilities Smart Worksheet, but the red error still exists.
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Ooh, I got it to work! On the Schedule L, there were no assets, just liabilities and partners' capital. When I put a zero in the balance sheet for cash, it went away. I guess it didn't like "total assets" being blank, while total liabilities + capital was zero, lol. One of those "duh" moments, for sure. Thank you - your suggestion got me going in the right direction!!
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪