Question

For Sage 50 accounting CAD edition:

I keep getting this error message on my history tab at the top:

Checking Suppliers...
The sum of your Suppliers' information does not equal the current balance of account 2200 Accounts Payable.

   CAD Balance
   $0.00   Total Outstanding Canadian Dollars Invoices
   $902.00   Total Outstanding Foreign Invoices
   _______________
   $902.00
   $957.00   Current Balance of 2200 Accounts Payable
   _______________
   -$55.00   Difference

Either your Suppliers' historical information or the opening balance of account 2200 Accounts Payable, or both, is incorrect.

Any help would be greatly appreciated!

Answer 1

It is possible that information regarding accounts payable or supplier is missing . Check in the information provided, if balances are not matching then balance will be the balancing figure and this difference will be added to the required position. Here your difference is $55, check ount in question whether sum of assets and liabilities or the information given is actually matching or not. Else post the whole question.