FAQ 185: Budget--Message saying that ownership does not equal 100%


When running a budget routine the attached plan gives us an error stating that ownership percentages do not equal 100%. Can you determine what is wrong with it?


When running the budget routine, make sure that you input the proper "Income share pct" and "Expense pct" percentages for all principals, in addition to the standard "Onwership %" in the Employee Record. Although the ownership percentage across all three partners equals 100%, the income percent only totals to 65.69%, and the expense percent only totals to 66.66%. Once you change those percentages to equal 100% as well, that message should go away.