Trial Balance report should reflect only 0 as opening balances for all Income and Expense GLs

[Swati8848]

Information about bug

As per Accounting rules, there is no opening balance for income and expense accounts. All the balances has to be moved to P&L A/c when we close the books. Trial Balance report should reflect only 0 as opening balances for all Income and Expense GLs as all the balances should get transferred to P&L A/c GL in the period closing voucher. Opening balances shouldn't change if we check or uncheck period closing entry check box.

Module

accounts

Version

Frappe Version 14 ERPNEXT Version 14

Installation method

None

Relevant log output / Stack trace / Full Error Message.

No response

[rohitwaghchaure]

Did you create Period Closing Voucher for the last FY? https://docs.erpnext.com/docs/user/manual/en/period-closing-voucher

[Swati8848]

Yes after posting period closing voucher for 2023-2024, we are checking opening trial balance for 2024-2025.

On Thu, May 16, 2024 at 1:24 PM rohitwaghchaure @.***> wrote:

Did you create Period Closing Voucher for the last FY? https://docs.erpnext.com/docs/user/manual/en/period-closing-voucher

— Reply to this email directly, view it on GitHub https://github.com/frappe/erpnext/issues/41453#issuecomment-2114321039, or unsubscribe https://github.com/notifications/unsubscribe-auth/BETCY62727GT4UD4ANJF73DZCRQ2HAVCNFSM6AAAAABHVQKNYOVHI2DSMVQWIX3LMV43OSLTON2WKQ3PNVWWK3TUHMZDCMJUGMZDCMBTHE . You are receiving this because you authored the thread.Message ID: @.***>

[saivineeth100]

Did you create Period Closing Voucher for the last FY? https://docs.erpnext.com/docs/user/manual/en/period-closing-voucher

Irrespective of closing vouchers, Income and Expense accounts (where report_type="Profit and Loss") should not have any opening or closing balances