Trial Balance out of Balance since Jan 2019
Please assist on how to adjust prior period (2019) out of balance Trial Balance. There is a difference in the reatained earnings in 2019 vs Dec 2018. There is no balance in the historical balancing a...
Forum Discussion
Hi,
I am reporting FY23/24 tax, and the trial balance at 30/6/24 is not balancing by $317.52.
The trial balance at FY22/23 (which is already close) do balance.
Trial balance on 31/7/24 however is out by the same amount ($317.52). I looked through all the journal entries from 1/7/24 to 31/7/24, they all balance, so I cannot fathom why the discrepancy exists? Is this a software glitch?
Please help!
