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<< Click to Display Table of Contents >> Trial Balance |
  
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<< Click to Display Table of Contents >> Trial Balance |
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The Trial Balance displays the debit and credit balances for each GL Account ID in your chart of accounts. This report proves the equality of the debit and credit transactions that were entered in the General Ledger.
This report has the following uses:
•To aid in analyzing and correcting the GL account balances by reviewing and comparing the balances with the corresponding subsidiary records.
•For reference when checking the balances displayed in the Balance Sheet and Income Statement.
To print the Trial Balance, follow these steps:
1.Access the Reports group in the Reports menu of the General Ledger module; then, select the Ledger subgroup and the Trial Balance function.
2.Select the report configuration that you want to use by clicking the List box button beside the Configuration field.
3.Click the List box button next to the Sort By field and select one of the following sorting options:
•Account ID
•Specific segment type such as Account #, Division or Department
4.Accept the default report layout in the Layout field.
5.In the Type area, select whether you want the report to be displayed in Detail, Subtotal or Grand Total.
6.Mark the applicable checkbox in the Report Header area if you want to Include Time or Include Printed By in the report header.
7.In the Report Configuration area, you You may mark the Individual checkbox if you want to generate the report for a single record and enter the appropriate value in the adjacent field; otherwise, select in the Filters area the desired criteria in generating the report.
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8.Click the List box button in the third Period field and choose whether you want to generate the report for the Default Period or for a Specific Period. When you select Default Period, both the Year and Period fields will be disabled. When you select Specific Period, enter the year and period which transactions you want to include in the report. The Default Period is set in the General Ledger function.
9.If you want the report to display the GL Account IDs with zero balances, mark the Include Zero Balance Accounts checkbox.
10.Click the Preview or Print button to preview or print the report.
The Trial Balance function also provides you with flexibility to perform the following:
•Set up report configurations.
•Include notes in the printed report.
•Export the report to various supported file formats.
•Print the report by batch.
•Drill down on certain fields in the report:
oAccount ID
AccountMate displays the Account Profile when you double-click the GL Account ID in the report. |
Financial Statements and Transaction Reports
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