Community mailing list archives

Inconsistency in Account Balance when creating Opening Entries and closing the fiscal year

- 04/30/2015 04:35:50
Dear Community Members,

Just want to point out the inconsistency we faced in Account Balance when creating Opening Entries for new fiscal year. Let me put through with the test case.

Say for example, we have one account which is of Assets type, the closing balance at the end of 2014 and the opening balance for the same account is different. 

Things I tried, to solve this.
1) Tried to cancel the Opening entry and try to modify, system shows that only non legal fields can be modified.

2) Tried to unreconcile the entry, the system says cannot unreconcile the entry which is created through opening/closing process.

Even though I cannot regenerate the entry, using Generate Opening Entry menu, as we have closed the 2014 fiscal year.

Kindly provide the solution to tackle this issue. Hope to hear from you soon.

Thanks & Regards,
Devnani Bharat R.