As a self-taught book keeper, I've got a (possibly naive) question regarding the balance sheet. By the way, the MYOB Community forum has been most helpful in offering advice on all kinds of questions no matter how elementary. Thanks for that.
So, my current question is regarding the equity section on the balance sheet. Specifically, while most other entries in the balance only give figures for the current financial year, owner's drawings give a cumulative figure for the whole period that we've had our books on MYOB. Now, is that how it should be? Because it seems rather inconvenient if one wants to see how much has been withdrawn in the current financial year since the rest of the balance sheet (or at least most of it) does give the picture for the current financial year and not the cumulatives. Is it possible to change settings so that all the figures are for the current period only? I hope the question makes sense. Thanks in advance.