Hi all,
I was inform by user that after complete their year end profit and loss, some amount are not being ‘carried forward’ [:O] I certainly coming from technical background doesnt understand what it means. [:’(] Could someone kind enough to tell me how to proceed with the findings pleasssss… ? [:S]
No profit and loss accounts are carried forward, they are zeroed out and the offset posted to the retained earnings account to reflect the profit (hopefully) the business made in the financial years.
hi adam,
if no payments are made, will there be carry forward?
Your question makes no sense. Get a finance consultant to talk to them
hi adam,
unfortunately sometime they need to travel out of town. 
Then they need to give a basic level of understanding to someone who can cover for them, or you tell the person asking the question they need to wait until they return from out of town to get an answer.
hi adam,
any idea where is all adjustments for currencies being place?
That begs the question.
“during the sales process, where you honest with the client and did you tell them that this would happen”
If your company wants to sell the product then it needs to offer the support.
hi david,
appreciate your suggestion, we’ll take note of it [:)]
i’ll try to take a look @ vendor & customer ledger entries for a start…