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AngieFF's avatar
AngieFF
Member
2 years ago

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 w...
AngieFF's avatar
AngieFF
Member
2 years ago

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.

Doreen_P's avatar
Doreen_P
MYOB Moderator
2 years ago

Hi AngieFF,

 

Thanks for your response.

 

Were you able to check the balance sheet to see it it's matching? Kindly provide us with a screenshot of the balance sheet to investigate this. You can send the balance sheet through private message.

 

Best regards,

Doreen

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