I have been trying in vain to try and process the above. Can't remember what I did years ago when I created another company from scratch.
The bank balances are Dec 2012, there are no other balances available so am going to create an account set for 2013. I have tried various ways but can't get it right.
1. I did an gl entry in general journals, Dr bank account gl nr, cr opening balance account 9990/004 with last year box ticked. Result is in 2013 view of TB bank accounts are debited in the previous year and also the 2013 period and the 9990/004 account is in credit. What happens with this credit amount in the suspense account?
Thanks so much to whoever is hopefully going to switch the light on for me!