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Stonegalleria's avatar
Stonegalleria
Experienced User
3 years ago

Correct Balances

Hi Team, Looks like all accounts (Trade Creditors, Trade debitors., etc) Balances were being carried forward to current accounting period from the previous accounting period ( not sure from which ye...
gavin12345's avatar
gavin12345
Ultimate User
3 years ago

Hi Stonegalleria 

 

I suggest you discuss this with your accountant first before trying to make any changes. Normally the Assets and Liability and Equity account balances carry over from year to year. It's only the P&L accounts that get reset to zero.

 

Regards

Gavin

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