Trial Balance Report
Trial Balance is a financial report in which the balances of each account are listed in terms of debit and credit. In this report, the total of debit balance must be equal to total of credit balance. This report is used to check the accuracy of accounting records and the information of the trial balance is used to create Profit and Loss Report and Balance Sheet report.
To view Trial Balance Report, click on “Reports > Final Report > Trial Balance”, a screen will be appeared in which you need to select the month to view Trial Balance Report.
By default, the month will be displayed from when the Company’s financial year has been started.
After selecting the month, click on “Show” button, the following screen will be appeared:
Trial Balance contains the following fields:
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S.No.: This auto generated field displays the serial number.
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Account Group: This Column displays all Primary Account Groups.
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Opening Balance: This column displays total opening balance of primary account group i.e. Opening Balance will be displayed with account nature whether it is Debit (Dr.) or Credit (Cr.).
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Debit: This column displays the amount that is debited from primary account group.
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Credit: This column displays the amount that is credited from primary account group.
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Closing Balance: This column displays the total closing balance of primary account group.
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Grand Total: This field displays the total of Opening Balance, Closing Balance, Debit and Credit field.
Note-> Debit and Credit amount must be equal.
Trial Balance consists of the following buttons:
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Back: This button is used to go back on previous window.
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Print: This button is used to print the report.
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Exit: This button is used to exit from current window.
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