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Difference in Balance sheet when we close the period

Former Member
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Hi,

Good Morning!!

When we close the financial year 2014, noted that there is some difference in branch wise balance sheet and consolidated level balance sheet.

Trial balance and consolidated balance sheet is fine but when we check branch wise profit period value there is difference.

Can i any one look in to this and assist me to solve the problem.

  Please find the screen shot  attached


Thanks and regards



Faizal

Accepted Solutions (0)

Answers (2)

Answers (2)

former_member205766
Active Contributor
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Hi Fysal

Check the Period end closing journal entry was affected in the date of 1.1.2014.  If it is you run the period end closing on 1.1.2014 instead of 31.12.2014.  Transfer the  via JE to 31.12.2014 your issue will resolved.

With Regards

Balaji Sampath

KennedyT21
Active Contributor
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Hi Fysal...

Check the date in image attached, there is a difference post as same date..

Regards

Kennedy

Former Member
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Dear Kennedy,

I was checking this link and it' was telling some procedure to check the balance sheet ,Also for consolidated level there is no issue.

SAP Business One - How To- Closing the Fiscal Year - YouTube

Branch level balance sheet is not possible in SAP B1 ?

Fysal

KennedyT21
Active Contributor
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Have you enable Multi branch settings if so then it is possible else it is not possible..

Regards

Kennedy

Former Member
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Yes , Let me know how can i do that then ?

Former Member
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Dear Kennaedy,

Yes we have done the multi branch concepts but right now my financials are changed due to this balance sheet.

How can i correct it if possible ?

Faizal

KennedyT21
Active Contributor
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Hi Fysal..

Post the relevant error screen 

Rgds

Former Member
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KennedyT21
Active Contributor
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I have already suggest to run both the report end date as same...

Former Member
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Please check the screen shot. even i select the same date n if i add opening balance see the difference ...

KennedyT21
Active Contributor
0 Kudos

Fysal,

how do you manage your branches..