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Opening balance difference

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Dear Sir/Madam, The closing balance of January Last was 3616258 and when only first february opening balance shows of 3587268. I have tried the process i know still couldn't found the reason for such issue. Please will you tell me the solution for such probem
Replies (11)

please elaborate which opening balance u asked for

cash

bank

closing stock

or any other

Prepare Trial Balance and check which account is not brought or carried forward.

First Make the Trial Balance then only u can get the Exact area where the diff is !

the difference is in cash balance

 

First check calculation again

den check all entries are done properly

receipt may be in payment side or vice versa

cross check with cash deposited and withdrawn with bank pass book

check any sale or purchase done by cash but recorded as bank or vice versa

Expand the Trial Bal into different Groupings n Put Vlookup then u will get the diff amount of respective ledger.

Sir fist check tiral balance then go monthly opesing stock

first tell which software u r using ?? tally ??

Pls Ensure ur software updates your books on the basis of double entry system if not then you have to suffer this problem again and again.

First u check profit then cash and bank sale /purchase not found diff bal then all ledger
I think some debit bal in creditors ledger or credit balance in debtors ledger


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