Forum Discussion

jfernando0403's avatar
jfernando0403
2 years ago

The Historical Balancing account balance is incorrect

The balance sheet does not balance. The difference is because  of a figure on the Historical balancing account. How can a accounting system have accounts such as a trial balance and balance sheet th...
  • Genreve_S's avatar
    Genreve_S
    2 years ago

    Hi jfernando0403, 

     

    Thank you for the response and the additional information. 

     

    May I confirm if you followed the steps mentioned in my previous response too? 

     

    We look forward to your response. 


    Thanks,
    Genreve

jfernando0403's avatar
jfernando0403

The openning balance was recorded as at 1/1/2013. The historical balancing account of -142,427.86 occured in 2019. From 2019 the balance sheet does not balance.

Genreve_S's avatar
Genreve_S
MYOB Moderator
2 years ago

Hi jfernando0403, 

 

Thank you for the response and the additional information. 

 

May I confirm if you followed the steps mentioned in my previous response too? 

 

We look forward to your response. 


Thanks,
Genreve

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