The Book-keepers Forum (BKF)
The Book-keepers Forum (UK) -> General Book-keeping & Accounting -> made a mistake, please help
Post Info TOPIC: made a mistake, please help
bubear


Newbie

Status: Offline
Posts: 3
Date:
made a mistake, please help
Permalink Closed

hi all,

i've set up the books for my partner, i've done this manually in books rather than computerised, and i've made a mistake.

my mistake is that i didnt enter an account. ok this isnt making sense, in the journal i entered the accounts with a pre opening balance, then transferred those amounts into actual accounts, all good all balanced, then i realised that i'd missed out entering a pre opening balance in the journal, which then means that the cash/bank account is wrong too. how can i rectify this? any help or advice will be greatly appreciated.

thanks bubear



__________________
nautica


Veteran Member

Status: Offline
Posts: 69
Date:
Permalink Closed

Hi Bubear

 Are you saying that you have just not entered the opening balance for your Bank / Cash account  when you did your journal



__________________
bubear


Newbie

Status: Offline
Posts: 3
Date:
Permalink Closed

hi nautica,
i have entered the opening balance for the bank / cash account but its wrong, the account that i didnt enter was the paypal account,
basically he has some money in pp, but i didnt enter it in the books, which means that the bank/cash account is wrong.
my mistake was forgetting about the money in pp, and just entered the amount he has in cash, which is wrong as the difference is actually in the pp.
do you know how i can rectify this?
thanks bubear

__________________
nautica


Veteran Member

Status: Offline
Posts: 69
Date:
Permalink Closed

hi

 so the paypal funds are missing from your accounts can you not just set up a new bank account and enter the paypal funds in to it  that will then show them  in your accounts 

or am i not understading somthink

 

ps if Email your Tel mybe i could see what it is you have done 

martyn555@aol.com

 

 



-- Edited by nautica on Tuesday 16th of August 2011 12:23:06 PM

__________________
bubear


Newbie

Status: Offline
Posts: 3
Date:
Permalink Closed

hi thanks for your reply,

thats the conclusion i came to.

thanks again



__________________
Page 1 of 1  sorted by
 
Quick Reply

Please log in to post quick replies.
The Book-keepers Forum (UK) -> General Book-keeping & Accounting -> made a mistake, please help
Tweet this page Post to Digg Post to Del.icio.us
Members Login
Username 
 
Password 
    Remember Me  
©2007-2024 The Book-keepers Forum (BKF). All Rights Reserved. The Book-keepers Forum (BKF) is a trading division of Bookcert Ltd. Registered in England Company Number 05782923. 2 Laurel House, 1 Station Rd, Worle, Weston-super-Mare, North Somerset, BS22 6AR, United Kingdom. The Book-keepers Forum and BKF are trademarks of Bookcert Ltd. This forum is a discussion forum only. There will usually be more than one opinion to any question and any posting should not be viewed as a definitive solution. No responsibility for loss occasioned to any person acting or refraining from action as a result of any posting on this site is accepted by the contributors or The Book-keepers Forum. In all cases, appropriate professional advice should be sought before making a decision. We reserve the right to remove any postings which are offensive, libellous, self-promoting or engaged in covert marketing. We will not notify users of removals. The views expressed in the forum posts are those of the individual and do not necessary reflect or agree with those of The Book-keepers Forum. Any offensive or unsuitable posts will be removed by the moderators. Any reader of this forum can request for a post to be looked into by sending an email to: bookcertltd@gmail.com.

Privacy & Cookie Policy  About