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Balancesheet 'Current Earnings' <> Income Statement (General)

posted by Gregory West(R) E-mail, Manitoba Canada, 18.10.2016, 21:52

I run both the Income Statement for 2015-05-01 to 2016-04-30 and Balance Sheet up to 2016-04-30. The problem is I get different numbers for the net profit/loss, on the income statement, and the current earnings on the balance sheet. Over the months the spread gets wider between these two reports. Any idea as to why / how this is happening?

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Gregory A. West
DB&W Systems Limited

 

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