Trial Balance

The Trial Balance report is a summary of all accounts for the Organisation at a point in time. Totals Debits should always equal Total Credits.

View the Trial Balance

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

Report parameters

  • End Date:  The point in time at which the report will be run.

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

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

 

Trial Balance

 

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 Trial Balance 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.