Net profit calculation is incorrect when Display Rounded Balances is selected

This support note applies to:

• AE Statutory Reporter (NZ)
• AO Statutory Reporter (AU)
• AE Statutory Reporter (AU)

In MYOB Statutory Reporter, when the Display Rounded Balances option is selected in the Report Options the Net Profit in the Income Statement is calculated using unrounded balances instead of rounded balances. This results in an incorrect calculation of net profit in the Income Statement.

MYOB is investigating this issue.