Finding Text
Our accounting personnel will compare the closing balances to the opening balances appearing in the general ledger for the new fiscal period. Also, they will conduct fiscal month-end closings to compare account balances to external documentation. Any discrepancies will be investigated. Our accountants have discussed the mis-coding issue with the software company and were advised that the account types could be revised by the company, but a more practical expedient is to be determine how to internally make these account type corrections.