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Thread: Opening balance for one month not correct

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    Opening balance for one month not correct

    Hallo I really need help please. I have Pastel Express. If I do my reconciliation my months March and April is fine but then when I do my May reconciliation the opening balance is not right??? How do I fix this? Please help me.......I struggle to do my year end all because of this.

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    Diamond Member Mike C's Avatar
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    Hi esteevan - did you perhaps do a journal entry in which you used your Bank Account? If you do that then the Cash Book balance changes and it no longer matches your Bank Statement. Pastel normally has a warning screen which pops up if one attempts to do that.
    People will forget what you said, people will forget what you did, but people will never forget how you made them feel. - Maya Angelou

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    I am trying to help someone fix their financials. All their opening balances were posted in the new year as opposed to being posted during the last period of the previous year. Is there a simple process to fix this?

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    No. You will either have to reverse all the entries and re-raise them as last year, or enlist the help of a support consultant who can move all the transactions in the database, change the dates and periods, and rebuild the balances per account, per period.
    Kevin Smith
    Sage Pastel Support Consultant
    KS Consulting
    www.ksconsulting.co.za

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    Quote Originally Posted by Kevin Smith View Post
    No. You will either have to reverse all the entries and re-raise them as last year, or enlist the help of a support consultant who can move all the transactions in the database, change the dates and periods, and rebuild the balances per account, per period.
    Thank you.

    I thought as much but wanted to make sure first.

    I see with the new Business Online version, you are able to make adjustments but not with the Xpress version.

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