Chart of Accounts

Ideally, at any given time Total Assets should be equal to Total Liability + Total Equity. However, in Attain’s demo data of Cronus Int., the chart of account shows a difference. How is that possible? And what could be the reason?

Although I did not find it different in the demo data I have the reason would be that The Profit & Loss a/c i.e. reserve account is the balancing account. Please check in your database the difference would be equal to this account. Rg, Anuj

Dear Bhatia, Please Define Chart Of aacount properly, Define Group properly and and Formula filed , result will never come wrong, See it Bye