I tried to reverse and recreate entries but the value didn’t change.
Actually i am trying to get my opening balance for 2017-18 right. In respect of Investment, my opening statement of financial position 2017-18 does not tally with closing statement of financial position 2016-17 as 2016-17 closing investment balance is valued at market value where as value i am getting in 2017-18 opening statement of financial statement is CGT cost price. I think i have recorded investment history correctly as previous year’s closing and current year’s opening investment report reconciles.
System start date is 01/07/2017 and i have recorded all opening balances manually dated on 01/07/2017.
Please advice how i can fix it or is it meant to be that way?
Many thanks in advance