7038: Trans Diagnosis – Opening Date Out of Balance
This condition will come from closing periods while there are transaction diagnostic errors.
Best way to fix
I recommend you Re-Open May (or even earlier) and run diagnostics again to determine exactly which transaction post date is in error.
Shortcut way to fix
HOWEVER, if you do not need your historical data to be accurate (assuming you are keeping your books in some other program), you can fix this error by Editing one of the Opening transactions. One problem with this technique is that you do not know if an important account (A/R?) has been affected.
If you want to leave A/R alone, you can increase the Credit Amount on Account 3500, Transaction #xxx, as shown on the Audit Trail.
Go to Programmers > Prog > Windows > Transactions.
Find TRX #xxx
Edit by adding the Delta amount to the CR or DR amount already there.
Reset Account Balance for 3500
Print Audit Trail for the Date, Delta should now be 0.00