I am having a dilemma, as I cannot remember the correct settings to get my Trial Balance to match both my Balance Sheet and P&L for a given fiscal year.
I am trying to match my Trial Balance to Balance Sheet and P&L for fiscal year 2009 (01/01/2009 - 12/31/2009) So far, I have included:
All Accounts with balance of zero
Posting Dates 01/01/2009 - 12/31/2009 for both the Trial Balance and P&L
Posting Date to 12/31/2009 for the Balance Sheet.
The only other setting that I have is for an Annual report.
The odd thing is that with these settings, my Trial Balance will only match my P&L, not my Balance Sheet. The only way to get it to match the Balance Sheet is to select Opening Balance For Period (From Start of Company), but then it no longer matches the P&L.
Can someone help shed some light on this? Perhaps I am just having my Monday on Tuesday.
Thanks in advance,