Net Income Comparison

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Posted on by Community Member Microsoft Employee

Hello:

Net Income in Management Reporter ties out perfectly to the Ending Balance shown in GP's Trial Balance, as long as the GP's Trial Balance is based on the natural segment range 4000 - 9999 just as Management Reporter's Net Income row is based.

But, the end user says that they do not use this range in GP's Report Options window. Instead, they use 1100 - 3000. As odd as this seems to me, they say that they have been using this range for sixteen years and that it has tied to Management Reporter's presentation of Net Income up until last month.

Truthfully, though, we ran the GP Trial Balance for last month and for months prior to last month and it does not tie.

Again, Net Income is only matching between the two apps as long as GP uses 4000 - 9999 just as Management Reporter does.

Well, instead of reinventing the wheel by changing GP's report option which the end user does not want to do, what else could account for the $130k+ discrepancy between the GP Trial Balance and the Management Reporter balance sheet for Net Income for last month?

Thanks!

John

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Microsoft Dynamics GP

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Community Member Microsoft Employee on at

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RE: Net Income Comparison

Hi Greg:

That's exactly right - they use a range of 1100 - 3000 in GP but a range of 4000 - 9999 in MR.

They didn't want me to test changing MR to use 1100 - 3000.

The only reason that I can think of is if they are trying to "back into" the calculation of Net Income in MR with the total of Assets, Liabilities, and Retained Earnings in GP.

John
Greg Byer 2,586 on at

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RE: Net Income Comparison

Hi John,

Are you saying that they use a range of 1100 to 3000 in their GP report and use a range of 4000-9999 in the MR report, and the two reports are supposed to tie out? I don't see how that could be possible given that the reports are using a different range. If the change the account range in the MR report to be 1100 to 3000, does that match the GP report then?