Period Balance

The Period Balance report reflects the movement in all accounts between two dates. The total Period Debits should always equal the total Period Credits, and the total Period Change should therefore always be equal to zero.

View the Period Balance report

To view the Period Balance report, navigate to the Reports tab, and then click the Period Balance link on the left hand side of the page.

Report parameters

  • Start: The start date of the report.
  • End:  The end date of the report.
  • Find Matching: This is a real-time text filter to quickly refine the displayed information. For example, you could display only those accounts where part of the account name contains "current" or you could display only those accounts where the Account Type contains "expenses".

Once the parameters have been chosen, click the Refresh button.

 

Period Balances

 

The current report can be exported at any time by clicking the Export Button.

Notes

This report will automatically exclude all transactions (with the exception of Conversion Balance transactions) entered before the Conversion Date. Refer to the section on Converting from Another Accounting System for more information.

All reports in Accountsportal are created in real time and there is no need to process any end-of-year journals. This means that Retained Earnings will be automatically calculated for prior financial years, and the Profit and Loss reflected in the Period Balance report will therefore always pertain to the current financial year only. Accordingly, it is critical that the correct financial year-end has been specified in the Organisations's settings.