Trial Balance

Provides a report of all of the accounts appearing in the General Ledger with the period or year to date debit or credit balance of each.  Also used to test the accuracy of the ledger by comparing the total debits and total credits to see if they are equal.  An out of balance condition will cause an error message to print on the report.

Selection Options:  The GL Account Descriptions report includes the following selection options.

Accounting Year:  Allows you to select only Journal Entries for the selected accounting year.  This selection defaults to the current general ledger default accounting year.

Period From: Allows you to select only the journal entries for the selected accounting period or periods.  This selection defaults to the current general ledger default accounting period.

JE From: Allows you to select the journal entry number range to be included on the report.

Status IN:  Allows you to select only the journal entries that have the specified status code or codes.  Valid status codes include P (posted normally), N (new entry, not posted or included in account balances), and V (voided, posting failed and amounts are not included in the account balances).

Source IN:  Allows you to select only the journal entries that have the specified source code or codes.  The Valid Journal Entry Source Codes are described in the reference section of this document.

Print Extended Detail:

Print Only Unbalanced JE’s:

Output Format:

The following section displays a sample of the output produced by the Journal Entry Proof Report.  This sample is based on the default List and Label Template for the report that is provided by Cove Systems.  Please note that the report output and selection information can also be customized using the Advanced Reporting Options and the Design report options that are available in the system.

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Income Statement