• User will click on the 'Configuration' button.

• The user will see a dropdown option under “Show Opening Balance” and should select “Yes” to view the opening balances.

• The user can identify differences in the trial balance caused by mismatches in opening balances.
• To resolve this, the user should verify and match ledger opening balances with the previous financial year records or earlier accounting software to correct discrepancies.

• The user will reconciles and matches the ledger opening balances, and the differences in the trial balance get resolved.

After following the above steps, the user can resolve differences in the trial balance caused by incorrect opening balances in MargBooks.

Process to Determine and Fix Transaction Errors or Mismatched Entries in the Trial Balance of MargBooks

• Go to Report.

• Click on Trial Balance.

• The user can view differences in the trial balance.

• User will click on the 'Configuration' button.

• The user will see a dropdown option under “Show Opening Balance” and should select “Yes” to view the opening balances.

• If any difference amount appears in the Debit or Credit column of the Trial Balance, it indicates that there may be transaction errors, such as mismatched Debit and Credit values in vouchers.
• The user can identify and verify Trial Balance differences caused by transaction mismatches or missing entries to ensure accurate accounting records.

• Now Go to Report > Statutory Report > Internal Audit.

• 'Internal Audit Report' window will appear.

• User will select the Date as per the requirement.

• In the ‘Inventory Type’ dropdown, select ‘Accounting Transaction’.

• Click On 'Submit' button.

• The user can view that the voucher’s Debit and Credit amounts are mismatched.
• User will select the voucher type. Only one voucher type can be selected at a time.
• After selecting the voucher, resave the bill by pressing the ‘Alt + S’ key.

• The user will see ‘Bill Resave Completed’ pop-up message.

After following the above steps, the user can resolve differences in the Trial Balance caused by transaction errors or missing entries.