I made the following mistake in customising my Chart of Accounts::
The account 120000 should have been set with internal Type View (and also I assume Account Type View). Unfortunately I set it as "Liquidity"!
After much time spent looking at the Journal Entries, I clicked on Chart of Accounts:
account 120000 for year 2016 and found an entry:
Opening Entries Journal | Opening Period 2015 | 120000 Accounts | 10.00 | 0.00
account 120001 for year 2016 and found an entry:
Opening Entries Journal | Opening Period 2015 | 120001 Accounts | 10.00 | 0.00
THE HORROR! Please see table below to see the Chart of accounts with sample numbers:
| Code | Name | Debit | Credit | Balance | Internal Type |
| BAL | Balance Sheet | 14.00 | 2.00 | 10.00 | View |
| A000 | Fixed Assets | 0 | 0 | 0 | View |
| B000 | Current Assets | 14.00 | 2.00 | 10.00 | View |
| B010 | Cash | 14.00 | 2.00 | 10.00 | View |
| 120000 | Bank Accounts | 14.00 | 2.00 | 10.00 | Liquidity |
| 120001 | BanK A | 3.00 | 2.00 | 1.00 | Liquidity |
| 120002 | Bank B | 1.00 | 0.00 | 1.00 | Liquidity |
Please tell me there is a way to fix this without having to delete 3 years worth of entries, change the chart of accounts setup and redo everything all over. PLEASE!
Tried to delete that auto generated "Close Year" extra entry, but it wont allow me.
The only thing I can think of, but dont know how to do it, it is to somehow create an new entry remore the extra amount and move it to some other "Error Account" an just tell HMRC that that is for fixing a calculating error.
Thanks so much for reading this far.
