Out of Balance Amount ??

[jsbs]

I downloaded the Express Accounts and while browsing through it I came across a reference to an "Out of balance" amount.

 

Why is it there and why is it necessary?

 

Must the journal entries balance before they can be "posted"

 

Must the G\L be balanced at all times?

 

Is the data base that unstable that this happens (becomes unbalanced)

 

Thanks

 

 

Bill

[Guest nchmw]

Bill

 

It's nothing to do with the database, it's all about good accounting practices. Express Accounts makes you balance your accounts every time you add an item so that at the end of the month or year you don't need to spend time balancing your books which saves loads of time and many headaches.