RE: 2 Equity Sections in Balance Sheet

Hi,

If you are still seeing this problem, please open a case with NetSuite Customer Support so that we can investigate right away.

Thanks,

Martin

RE: 2 Equity Sections in Balance Sheet

Hi Andrew,

We have had balance sheet (and P&L / Income statement) formatting issues too with some of our customers. Some we have been able to fix, and others were fixed by NS support.

RE: 2 Equity Sections in Balance Sheet

The standard layout does contain 2 Equity sections but each serves a seperate purpose.

The outer “Equity” section handles the summation of various equity components:

Equity(in the context of BS) = Equity Accounts + Retained Earnings(Income Statement[Balance Forward to Start Date]) + Net Income(IS[Start Date to End Date]) + Cumulative Translation Adjustment.

The inner “Equity” section is an account section that references all equity accounts(and just the accounts).

By default, the header/total label of the Equity Account Section is hidden. The layout can be modified to expose the header/total of this Equity Section.

The fix is to customize the layout, find the Equity Account Section and uncheck “display row” on header/total.

Alternatively you can rename the Equity Account Section to something else.

RE: 2 Equity Sections in Balance Sheet

Martin, Barry & Ivan,

Thanks for taking the time to respond. This issue resolved itself All is now well.

Andrew