GlassTrax and MetalTrax allow you to continue working into periods 13 - 24 without having to run end of year processing. If your period 12 balanced correctly and you are finding that period 13 is off balance, it is because the accounting periods have to be reset. This allows you to continue into periods 13 - 24 without having to run end of year processing.
In both GlassTrax and MetalTrax, follow these steps:
1. Go to General Ledger - Misc. - Reset Period 1 - 12 Net Income
2. Click "Yes" when asked if you want to run this utility now.
3. Print preview your balance sheet again, everything should be balanced correctly now.