Hello,
Since the new updates, I couldn’t catch many results and all the balance which were previously reconciled doesn’t match now, and showing erroneous figures.
Recently, I tried to check the Profit & Loss for a given period in the “STATEMENT OF EQUITY CHANGES” & STATEMENT OF PROFIT & LOSS" doesn’t match. Before the updates, the two results matched .
Can anyone tell me, where I am making the mistake or do I need to do some selection make some setting after update.
It might help if you illustrated the problem with some screen shots
Deleted
The illustration is attached. See the P&L are different in the report of two statements.
See the 2 illustrations
This is a bug.
However, before placing this in bugs, I need to know the Version and Edition you are running @sonicgroup
Version is 25.2.13.2079
This is the latest, i suppose.
I believe, this was due to bug in inventory write-offs. Fixed in the latest version (25.2.14)
@lubos, I have a similar problem. My profit and loss account profit declaration is not correct. It used to be correct on the 12th of February. Just yesterday, on the 13th, everything changed. I am also seeing My inventory is a mess now too. I am seeing a lot of quantity to be delivered in all my inventory; meanwhile, all items sold had their quantity to be delivered. Please help out.
@lubos, the problem is not solved, the problem still persists.
Additionally, it is noted that the entire account since 4years (starting of the accounting business) is topsy turvy showing erroneous profit. I had a rule to transfer the profit every month to Capital Account. A a result, each month the retained earning would show zero.
Im sending some screen shots. Before, the balances brought forward were zero. The entry in blue was the profit of that month adjusted to capital.
Now, i don’t know from where, the profit figures which adjusted to zero before and jumped back with impractical & inflated figures. I have failed to figure out the reasons for this anamoly and i am unable to fix the problems. The profit figures are unimaginable that my company can never make.
Please check to find a solution or,aternatively, roll back all updates in ths month.
I will send screenshots soon as said in my above message
@lubos @sonicgroup after a lot time of searching in the problem i figure there’s recalculate button inside every inventory item page when we click on “total cost” column value of any inventory item inside the page you will find recalculate button, click on it many times to recalculate the unit cost of this item then do it with all your inventory item and values will come back again
but @lubos we don’t think it’s efficient method because it’s take 3 hours of my time to get my values back
@Rami_Gomaa I’m working on a singular report that will do all that with just a one click.
Isn’t this same as having Recalculate button on Inventory Tab or Balance Sheet? Like it was before?
You are correct. But, still the average cost is not reflecting correctly for many inventory items. For example,
Conclusion.
A) Even after recalculate, the average cost cannot be trusted.
B) We have 800plus inventory items, how is it practical to visit each inventory page and recalculate. Even, the recalculate results are erroneous.
Before, all accounting results were stable & correct. Why was it necessary to overhaul everything by updates after updates & day after day.
@lubos I’m in a very panicky state of mind. How can I sell goods with erroneous costing. Further, P&L results are definitely not realistic with ten of thousands of inflated profits comparing to previous P&L.
I am in a fix, how to do, what to do in the scenario as Manager is not yielding definite accounting results.
Are you saying your Statement of Changes in Equity and Profit & Loss Statement net profit still do not match?
This has been fixed. Are you still experiencing this issue in the latest version?
Can you try recalculating it again in the latest version (25.2.17.2098) ?
