Equity Errors

Make sure that the Net Income & Distribution were rolled over to Retained Earnings correctly at the beginning of the year.

Shareholder Distributions was not rolled over into retained earnings in January. Shareholder Distribution should be 10,000 (483,197-473,197) and Retained earnings should be 650,956 (1124,153 + -473,197) for Jan 2015.

I've had a look at your company and data, and it looks like these little "warnings" are arising because of the way that your books are handling that 31400 - Shareholder Distributions account.

In general, CFO Scoreboard expects that your net income and distributions will be rolled over into retained earnings on the first day of each year. Indeed, in several points in your books, this is exactly what is observed (correctly), which is why you only see warnings for two months out of the entire data set. Let's look at those two months:

1. In Dec 2013, the previous balance in that Distributions account gets rolled into Retained Earnings. But this should happen in the following month, Jan 2014, instead.
   
2. In Jan 2015, the previous balance in the Distributions account should have been rolled into Retained Earnings, but in fact it was not.
   

So if it's possible for your accountant or bookkeeper to update those records with new entries, that would be ideal. Once that's done, the data can be re-exported from your accounting system, re-imported into CFO Scoreboard, and these little warnings will go away!

That being said, you do NOT have to expend any more energy resolving these warnings, if you aren't inclined to. These warnings do NOT cause CFO Scoreboard to choke in any way, and they are really just advisory in nature. You'll still get the full suite of calculations and insights that comes with the system, if you're not able to devote time to revise your books in the fashion noted above.