Balance and Profit Distinguish

This help article addresses the difference between the balance sheet and the result, as well as separating vouchers in Netvisor. 

You can check the difference between the balance sheet and the result by selecting Financial management > Bookkeeping > Voucher listing.

To find the difference between the balance sheet and the result, proceed as follows:

1. Check that the company does not have separating vouchers during the financial period (the debit and credit sides of the voucher do not match).
2. Open the bookkeeping report voucher listing by selecting Financial management > Bookkeeping > Voucher listing.

To set the search criteria for the voucher listing, proceed as follows:

1. Enter the entire financial period as the time range in the search field.
2. Select the checkbox "Show only separating vouchers" in the search field.
3. Search the report. All separating vouchers for the entire period will be listed in the View.

To interpret the results of the voucher listing, proceed as follows:

• If the financial period has been closed, only the system-generated financial statements voucher, with which the financial period's profit/loss has been recorded in the bookkeeping, should be visible in the listing.
• If the financial period is still open, no vouchers should be visible in the listing.
• Separating vouchers visible in the voucher listing most commonly cause the difference between the balance sheet and the result for the financial period.
• If the difference is not found in the latest financial period, also search for separating vouchers from previous financial periods, as the difference in the official balance sheet accumulates to later financial periods if the situation is not corrected.

To make it possible to correct a voucher, proceed as follows:

1. Ensure that the financial period for the voucher date is open.
2. Ensure that the VAT period for the voucher date is open.
3. If necessary, read more about opening locks:
   • Bypassing VAT lock
   • Financial period management

Frequently asked questions

How do I find the difference between the balance sheet and the result in Netvisor?

Open Financial management > Bookkeeping > Voucher listing, search the entire financial period and select "Show only separating vouchers". Separating vouchers visible in the listing most commonly cause the difference between the balance sheet and the result.

What are separating vouchers?

Separating vouchers are vouchers where the debit and credit sides do not match. These vouchers usually cause the difference between the balance sheet and the result for the financial period.

What should be visible in the voucher listing when the financial period has been closed?

When the financial period has been closed, only the system-generated financial statements voucher, with which the financial period's profit/loss has been recorded in the bookkeeping, should be visible in the voucher listing.

What should I do if the financial period is open and separating vouchers are visible in the voucher listing?

Ensure that the financial period and VAT period for the voucher dates are open, and correct the separating vouchers. Separating vouchers cause the difference between the balance sheet and the result.

Why do I need to check separating vouchers from previous financial periods as well?

If the difference is not found in the latest financial period, also check separating vouchers from previous financial periods, as the difference in the official balance sheet accumulates to later financial periods if the situation is not corrected.

What are the prerequisites for correcting a voucher?

Correcting a voucher requires that both the financial period and the VAT period for the voucher date are open. If necessary, open the locks using the help articles "Bypassing VAT lock" and "Financial period management".

Keywords: separating vouchers, financial statements

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