Pastel Issues

[Malebo]

I need help on capturing opening balances on the Income Statement for March 2012. I have captured my sales, cost of sales and expenses and my Income Statement doesn't balance.

My gross Profit is supposed to be
R1 760 722, Expenses -R788 548
NPBT&D R972 174
Depreciation -R49 138
Tax -R258 450
Profit for the year R6258 450

My contra account is 9990/001
Where am I going wrong

Thank you in advance

Malebo

[AndyD]

I've moved this to the Accounting forum for you, that way it should get more replies.

[Dave A]

Profit for the year R6258 450

Based on all the other numbers, that profit figure looks seriously suspect.