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 .
- Go to theRatios\Unitstab.
- Make sure the beginning ratios for the partners add up to 1.0.