Financial Report

by Jamie
(NY, NY)

Hi,
The opening balance for the period + the income from the P & L minus the expenses on the P & L does not equal the ending balance in the GL. What might be the reason for this?? Also, there are two bank accounts. Each bank account is out by the same amount --one over and one under. It looks like a transfer problem, but we cannot find where the discrepancy is.

Any suggestions you can provide would be greatly appreciated. We are up against a deadline...