Tas Book 1 - Trial Balance Problem

[marita1]

Hi hope someone can help?? Ran year end on Tas Books 1. Then entered two transactions relating to that year. Everything looked perfect until I checked Trial Balance and my Bank account figure (which is reconciled perfectly) does not agree with Bank Statement. Cannot run the 147 procedure as system does not allow it. Any Help out there?????

 

[David Richards]

Hi hope someone can help?? Ran year end on Tas Books 1. Then entered two transactions relating to that year. Everything looked perfect until I checked Trial Balance and my Bank account figure (which is reconciled perfectly) does not agree with Bank Statement. Cannot run the 147 procedure as system does not allow it. Any Help out there?????

The Transfer Profit to Balance Sheet function (option 147 in other TASBooks programs) doesn't exist in TAS BOOKS 1, because it's not needed. The program does the same thing automatically as a background process if you enter or edit a transaction from a previous year.

I'm a bit unclear as to what is wrong. These two late transactions; were they bank account transactions? Are you saying that the opening balance for the current year did not change after entering these transactions?

 

[marita1]

Hi David
Sorry about being so unclear. When I view my current account in the Trial Balance report and double click to view the transactions for that balance the totals are different. The transactions balance is the correct one and agrees with my reconciled bank statement, the Trial Balance shows £5000 less.

 

[David Richards]

When I view my current account in the Trial Balance report and double click to view the transactions for that balance the totals are different. The transactions balance is the correct one and agrees with my reconciled bank statement, the Trial Balance shows £5000 less.

When you run the Trial Balance report, what date range and other options are you choosing?