How to Reconcile Financials and Ledgers at Year End

To reconcile your financials with your ledgers, it is advisable to print out the Balance sheet, detailed and the Customer/Supplier Ledger, Reconciliation against nominal ledger reports.

How to reconcile financials and ledgers and print these reports

Go to File - Print - Accounting.
Select the Balance sheet (detailed) and select the appropriate accounting year and periods by double clicking on the report.
Then click Print.
Now select the Customer & Suppl. Ledger.
Select the report Customer Ledger, reconciliation against nominal ledger.
If there is any discrepancy between these figures, further investigation is required.

The report has now been printed and financials and ledgers reconciled.

Note! If your previous accounting year is not closed the Balance sheet, Detailed will also need to be printed for that year.