I am assisting a client in production of Balance Sheets and P&L's etc.
There are a lot of spreadsheets involved here!
(I am more on the technical end of the data with a good understanding of accounts).
All the figures in the very final accounts that we produce will all be rounded to the nearest thousand.
So, how can we make the accounts balance when we are rounding off in such a big way??
What is the trick here?