General Ledger Detail Report - Closing balance doesn't match opening balance

CrowsNest
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CrowsNest

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General Ledger Detail Report - Closing balance doesn't match opening balance

Hi There

I am having issues with my General Ledger Detail report with one of my accounts. The closing balance 31/03/2017 doesn't match with the opening balance 01/04/2017.

If I run the report for the 31/03/2017 I get a closing balance of $21,779.33.
If I then run the report for the 01/04/2017 the opening balance doesn't match - it's $20,029.33.
I have attached screen shots to show what I mean.

We have a year end of 31st March so was thinking it must be something related to that but what would cause this and is it going to be causing any other major issues?

Thanks in advance

Kylie

1 REPLY
MYOB Moderator Steven_M
22,977 Posts
MYOB Moderator
New Zealand
Steven_M
MYOB Moderator

22977Posts

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3279Solutions

Re: General Ledger Detail Report - Closing balance doesn't match opening balance

Hi @CrowsNest

 

Welcome to the MYOB Community Forum, I hope you find it a wealth of knowledge

The only thing that I could think of which would cause this difference is that one report was being run on a different report option i.e. one on an accrual basis and the other on a cash. I would recommend ensuring that when running both reports that you have the same Report options i.e. Showing: Cash or Showing Accruals.  This way you are comparing like for like.


Kind Regards,
Steven
MYOB Client Support
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