After running year ending process: Last year closing balance moved to new fiscal year successfully. but two vendor sub ledgers amount got difference
Before running year ending process user has changed "Item group" purchase order Main accounts type (COA type) changed to "Expenses"like below.
Account type (1) Main account (Type) (2) MA Changed Type to
Product receipt : Asset Expense
Purchase expenditure, un-invoiced : Asset Expense
Purchase, inventory receipt : Asset Expense
Purchase expenditure for product : Expense Expense
Purchase, accrual : Liability Expense
Prepayment : Asset Asset
May be this is the reason to change balance of Vendor sub ledger ("Accounts payable local" and "Advanced paid account")
Note: All PO transaction are done with the COA type (1) Main account (Type) Then changed COA type to "Expense" and performed year end closing process
Can any one please suggest me why balance got difference in two accounts
Thank you
