I have used a "plug in" value for Trade Payables on my T2 return because I can't get it to balance. Will this be a problem?

Everything else pretty much lines up, but I've tried many times and can't get my books to balance, so I have used a "plug in" my Liabilities (i.e. GIFI code 2621). Any advice on this? What will happen if I do this?

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Moderator

Feb 8, 2023 2:23:26 PM

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New Member

Feb 8, 2023 2:39:09 PM

I actually asked this question earlier today and was told by "Jennifer" that they can't help with that question and I should check my bookkeeping records and financial statements. Is there someone else available who can help me with these T2 return questions?

Moderator

Feb 8, 2023 5:43:48 PM

The Profile community is full of accountants, so you might get more help there?

Why sign in to the Community?

I have used a "plug in" value for Trade Payables on my T2 return because I can't get it to balance. Will this be a problem?