Hi Jay,

This is not an error.  It’s supposed to work like that. 

The Unallocated Earnings - (Losses) equals the total of any income, interest, dividends, expenses, or capital gains/losses realized year to date by the club.  Earnings are allocated to club members at the end of each year in accordance with your selected Allocation Method    A full year Balance Sheet Report will indicate zero under Unallocated Earnings - (Losses) because all realized earnings have been allocated to club members and their Capital Accounts adjusted accordingly. Partial year Balance Sheet Reports will reflect any earnings that have been realized by the club that will be allocated at year end.

You can find more information about the balance sheet here:

http://www.bivio.com/hp/balance-sheet-report.html

Laurie Frederiksen