@Lubos, I need your urgent attention, that my client’s company are currently in audit.
The auditor point out the mismatch information between general ledger transaction, trial balance and profit and loss report. particularly regarding retained earnings account.
Manager version 20.8.86
First, Look at this images for year end 2018.
#Profit And Loss
#General Ledger Transaction
1.There is discrepancy in amount from Profit and Loss Report for the Amount of Loss recorded in Trial Balance.
In General Ledger Transaction, there is no record of Closing Balance, hence the missing entry of profit and loss amount does not record. when compare to trial balance.
As far I know whatever recorded in both trial balance and general Ledger transaction (should be consistent). Even it is regardless system’s entry or user’s entry.
What I want to know what affects the system to record such discrepancy of what being reported in profit and loss report against the trial balance? I couldn’t explain to auditor other than system issue.
I can’t click the amount to digging the transaction that shows that kind of amount in trial balance, maybe in next update should be allowed to let us access that kind of information in future.