Forum Discussion

BrianBai's avatar
3 years ago

Bank account and Accounts Receivables balance in the Balance Sheet does not agree with general ledger

Hi

 

I have a bizarre situation.

The bank account balance as at 30/06/2022 shown in the Balance Sheet disagrees with the general ledger/bank reconciliation. 

 

This is the balance sheet:

 

And if you click on the above cheque account, it shows the correct ending balance of $454,116.21. 

 

 

The General Ledger Report also agrees with the above figures. The Bank Reconciliation report is correct as well. 

 

Same problem with Accounts Receivable account. 

Note I clicked on Cash/Accrual mode and include/exclude year-end adjustments options for the balance sheet report, it still shows the incorrect bank balance no matter which options I choose. 

 

What could be the possible reason for that?

 

Regards,