ContributionsMost RecentMost LikesSolutionsRe: GL Summary Report has hugely incorrect opening balances Trial Balance and everything else is correct. It is just this report. MYOB converted my files during the year from Account Plus to Business Lite. After the conversion I checked the GL and Trial Balance figures and everything matched. I have now run the FYE GL Summary and noticed opening balances which are wildly incorrect. Re: GL Summary Report has hugely incorrect opening balances I can show you these amounts as they are so NOT what the business accounts are. The opening bank balance is never in the negative and the stock on hand is completely incorrect to the GL amounts at the end of FYE 22. The rest are not correct either. GL Summary Report has hugely incorrect opening balances Running my reposrting for the previous financial year end and the opening balances on the asset and liability accounts are hugely wrong. THe trial balance and p & l appear fine. Is there an issue with the GL reporting? All the accounts have been reconciled and there are no transactions that appear to be causing this. I have recently been migrated from Accounting Plus version to Business Lite, coud this have something to do with it? Thanking you for any assistance on this.