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Severe Diagnostic: Beginning profit ratios do not foot
Beginning profit ratios do not foot to 1.0: Check beginning profit ratios entered in Organizer.
Make sure the beginning ratios add to 1.0. Zeros and NONE will also trigger this error.
Solution
note
This is a severe diagnostic, it will not stop you from e-filing. Even if this is a first year filer beginning ratios are expected because the program is looking for the ratios at the beginning of the year.
- Go to.OrganizerPartner InformationPartner by Partner DataColumnar Partner Entry
- Go to theRatios\Unitstab.
- Make sure the beginning ratios for the partners add up to 1.0.
This article applies to:
- PRODUCT: GoSystem Tax RS
- Return type: 1065 Partnership
- State: California,Connecticut,Idaho,Illinois,Kentucky,Maryland,Minnesota,Montana,Nebraska,New Jersey,New York,North Carolina,Ohio,Pennsylvania,Texas,Utah,Wisconsin
- Subject: e-file