Aged receivable report and Sales register dont reconcile
Sales report and GL report dont reconcile. Apparently, the GL report picks up the payment made after the report date too. I need them to reconcile for the audit purpose. Please help.
Forum Discussion
Thank you Mike
unfortunately it didnt work,
please refer to the screenshot attached.
please help
Hi MaroniteV , that is a valid report, but it is telling you that the GL account for debtors does not agree with the total of your receivables at the same date. You need to investigate why that is.
You could start by going back to the date of the last finalised set of accounts, and run the report at that date. Does it balance or not? If not, don't attach the report here, just quote the 3 figures at the end:
Total receivables
Receivables account
Out of balance amount
When was the file first used?
Thank you Mike,
It never reconciled. It works well will aged payable though.
I wamted this be fixed so that i dont have to explain this over and over to the auditors.
Please help.
Hi MaroniteV , there's a limit to what can be done on the forum. Have a look at https://help.myob.com/wiki/display/ar/Receivables,+payables+or+inventory+out+of+balance?searchfacet=support:help&searchterm=Debtors%20reconciliation&_ga=2.158350906.1290499295.1689037720-1313550747.1557035026#expand-Ifyourreceivablesareoutofbalance for some ideas.
Hi MaroniteV , you may have received only a short message from me, I clicked on Post too soon, sorry about that!
