Hi there. Hope everyone is doing fine. I'm sorry if this isn't the right kind of forum for this post!
just a quick summary - I started a new job a few months where I'm the sole person in finance. I have experience with management accounts previously but this is my 1st stand alone job. My company is relatively small and they used to outsource the accounts but now brought in-house for me. The p&l is straightforward and my versions always matched the accountants (before we stopped using them) The issue is with the balance sheet. My business were never concerned with the BS initially (main focus was P&L) they didn't have any BS codes so I set that up. The issue is that as nothing had ever been posted to the BS before, my version doesn't match the accountants at all. It's out. I know their version must be right as they had access to everything.
my question would be what is the best place to tackle this? How would I even begin?
thank you so much for reading this and sorry if it's really long!