Balancing the Balance Sheet

Warren140.6's picture
Rank: Chimp | banana points 6

My BS is out, major line items reconcile so problem must be prepayments and accruals which are estimates. What can I do?

Comments (5)

Feb 22, 2018

Estimates shouldn't matter as long as: Assets=Liab+SE

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Feb 22, 2018

Also, you need to close out your NI and Divs to RE

Feb 22, 2018

NI and RE done (no DIVS). I can force my estimates to balance it but it feels wrong as that removes consistency.

Feb 22, 2018

If you attach the spreadsheet, maybe we would be better positioned to try and help you find the pain point.

Feb 22, 2018

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