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Thread: Pastel Issues

  1. #1
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    Pastel Issues

    I need help on capturing opening balances on the Income Statement for March 2012. I have captured my sales, cost of sales and expenses and my Income Statement doesn't balance.

    My gross Profit is supposed to be
    R1 760 722, Expenses -R788 548
    NPBT&D R972 174
    Depreciation -R49 138
    Tax -R258 450
    Profit for the year R6258 450

    My contra account is 9990/001
    Where am I going wrong

    Thank you in advance

    Malebo

  2. #2
    Diamond Member AndyD's Avatar
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    I've moved this to the Accounting forum for you, that way it should get more replies.
    _______________________________________________

    _______________________________________________

  3. #3
    Site Caretaker Dave A's Avatar
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    Quote Originally Posted by Malebo View Post
    Profit for the year R6258 450
    Based on all the other numbers, that profit figure looks seriously suspect.

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