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 Ledger, Reconciliation against nominal ledger reports.

To print these reports

Go to File - Print - Accounting.
Select the Balance sheet detailed and select the appropriate accounting year and periods.
Now go to File - Print - Customer and supplier Ledger.
Select the report Customer Ledger, reconciliation against nominal Ledger. Check whether the figures contained in these reports agree or disagree.
If there is any discrepancy between these figures, further investigation is required.

The report has now been printed.

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