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Difference in technical account for Mid year go live.

Sep 15, 2017 at 01:41 PM

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Former Member

Hi Expert,

Need small help. There is one confusion.

We are going live for one country on 31.07.2017. Now as per rule 99999 gl should be 0 correct. Now below is scenario.

Asset 100

99999 100

99999 100

liability 100 This is clear.

Now P and L.

Expense 200

999999 200

Income 220

999999 220

Now there is a difference of 20 of net operating income. How to deal this 20? shall we put in 999999 or leave the difference. Please guide

Regards

Zunaid

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1 Answer

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Former Member Oct 02, 2017 at 07:50 AM
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Hi Zunaid,

You should have an equity account, the net profit goto equity account.

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