I need to change the Accounts Receivable and Accounts Payable Balance to match the accountants report for last financial year.

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  • Updated 1 year ago
I need to change the Accounts Receivable and Accounts Payable Balance to match the accountants report for last financial year. Previous to this financial year Reckon was not used properly for all transactions which is why it does not balance. Using Reckon Account 2017
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Maureen

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Posted 1 year ago

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Kevin Russell, Accredited Partner

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Why are they different? Does the accountant have different debtors / creditors list?
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Maureen

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They are different as all Invoices etc were not entered into Reckon but done manually.
Everything is entered for this financial year but not previous years.  Only payroll was used correctly
(Edited)
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Kevin Russell, Accredited Partner

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You can enter them via a journal but you need the debtor and creditor balances as well. Call me if this is unclear

Kevin t:0407744914