All our Profit and Loss, Balance Sheet, Trial Balance, and Not For Profit Summary enquiries share the same screens and the same functionality for consistency purposes.
For more information on the layout and the functionality of the screen please refer to The Profit and Loss Summary Enquiry screen article.
The trial balance checks the sum of debits against sum of credits at a point in time and is a list of balances extracted for the ledger accounts: it contains the balance of all accounts. The credit and the debits on your trial balance enquiry should match each other which helps to spot any accounting errors.
Your transactions are grouped by the Major Heading that build up your profit and loss nominal accounts. These major headings are major heading 1 to major heading 12.
As default, the Year and the Period on the Advanced Filter panel will default to the current year and the current working or open period in your database and you can remove any default filters and add in your own.
The Trial Balance Summary Enquiry screen
An overview of the Trial Balance Summary Enquiry screen, explaining how debit and credit balances are displayed across all major headings to help identify accounting errors.
Updated over a week ago