Ledger closing difference our ledger

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

19 December 2012 dear sir

Tally ledger show difference in balance as 23793.38 and party ledger as per balance closing 28304.89.can u give solution for closing balance adjustment

Dintakurthi Tirumala

Dintakurthi Tirumala (Expert)
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19 December 2012 First reconcile the both the account copies how and where the differences is made. From such identifications make necessary adjustments like reversing the entries or passing the entries etc...(i.e pass rectification entries). Still now you can't find the difference then pass the different amount as opening balances differences to correct it with the party ledger(in case party is creditor to us)

for more clarification please told me nature of party, relationship of party and type of party i.e creditor or debtor etc... If you can't solve your problem due to the above exercise.

OM SAI SRI SAI JAI JAI SAI