Hi. I am having a problem with my totals when reconciling the payables to GL. When I run the report say from 09/01/11 - 09/29/11, I get the totals at the bottom that say this:
PM End Bal: 227,950.45
GL End Bal: 76,430.80
Difference: 151,519.65
I know the difference is supposed to be zero and that is what I am trying to look for, however that is not my question. My question is that when I go and look at my 2030-1 (payables account #) in financial the number equals the GL End Bal of 76,430.80. But when I run a trail balance for AP, the balance is 230,837.45. Shouldn't the amount on the bottom of the AP trial balance be the same as the PM End Bal? Am I not looking in the right spot for this info, or are there gremlins in my accounting software?
This is also the case with my AR.
Thank you for any help you can give me :)