Why is Current Profit/Loss at Balance Sheet different from Profit/Loss report

Why is Current Profit/Loss at Balance Sheet different from Profit/Loss report

Commonly when there is a difference in the P&L and BS this usually indicates that
  1. Year end closing was not done for a period. (note this may apply to multiple periods)
  2. Adjustments were made after year end closing was done. ( note this also can apply cross multiple periods)

The guide below show you how to list the year end closing done.
if the issue was cause by Year end closing(YEC) not being done for a FY, you can use the YEC module to do the closing. 

The guide below shows you how to check for adjustment 
if the FY has adjustments after the YEC was done, you can do the YEC process again to post the adjustments.

Below is a more detailed explanation on the how the report values are taken.
The balance sheet P&L is base follows the date range of the BS module.
this date range is "as at". this mean that the P&L values in the Balance Sheet is using as at.
the P&L module is using a "period" date range.  the range of values being looked at is different.
you can review the difference in the date range from the link below.

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