If you have run the tax printer, and the results page looks similar to the image above, there are two very common reasons for this:
1. There is no valuation on 12/31.
2. There is no Allocation of Income and Expenses (Distribution of Earnings) for the tax year.
1) If there is no valuation saved on 12/31, generate one for that date:
Go to ACCOUNTING > SECURITIES > CREATE NEW VALUATION
Enter the date as 12/31 of last year.
Make sure all of the stocks listed show a price, and click SUBMIT.
2) Run the Allocation:
Go to ACCOUNTING > UTILITIES > ALLOCATE INCOME AND EXPENSES
Choose last year from the drop-down menu, and click YES to continue
Fill in dividend and Unrecaptured section 1250 gains (if appropriate) for any non-standard stock listed, then click OK to complete the Allocation of Income and Expenses.
The Allocation of Income and Expenses is now complete.
After the Allocation is generated and verified, go to TAXES > RUN
NOTE: Scroll down past the links to download completed forms, and click the Regenerate button near the bottom of the page, otherwise the tax forms will still be the ones that were created without the completed allocation!
Once this is done, all members who were active during the year will have K-1s available.