I CREATED NEW JOURNAL FOR TWO ACCOUNTS CASH AND EQUITY AFTER SAVE THE BALANCE SHOWED ONLY EQUITY ACCOUNT BUT STILL NOT SHOWN CASH OR CURRENT ASSET ACCOUNTS IN BALANCE SHEET WHAT IS THE SULOTION OF THAT PROBLEM
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Greetings, please find the answer to your query below:
- Check Account Type and Category:
Ensure that the accounts in question are correctly set up as "Current Assets" in the chart of accounts. Go to Accounting > Configuration > Chart of Accounts, and verify the account types. Make sure that the accounts are classified under "Current Assets" and the correct categories are assigned.
- Ensure Proper Configuration of Reports:
Verify that the Balance Sheet report is configured to display current assets. Go to Accounting > Reporting > Balance Sheet, and check if the "Current Assets" category is included in the report layout. Sometimes, filters or settings might exclude certain accounts
- Check Account Reconciliation:
Make sure that the accounts are properly reconciled. Sometimes, accounts that have not been fully reconciled may not show up correctly in the balance sheet.
- Account Journal Entries:
If the current asset accounts have not been used in any journal entries, they might not appear in the balance sheet. Double-check that there are transactions posted to those accounts.
We hope this helps! In case you need further assistance- you can reach out to us!
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