Trial Balance
The Trial Balance workbooks list all general ledger accounts with their debit and credit balances for a selected period. They are a key step in the financial close process, used to confirm the books are in balance before producing financial statements.
Two versions are available depending on what you need. The standard trial balance includes Opening Balance, Debit, Credit, and Ending Balance, making it the right choice for reconciliations and period-end reviews. The second version focuses on period activity only, showing debit and credit totals without opening or ending balances, which makes it a quicker option when you just need to review what was posted during the period.
Benefits of the trial balance workbooks
- Surface posting issues and data entry mistakes early, before they carry through to financial statements.
- Maintain clean and up-to-date financial records to support compliance and informed decision-making.
- Validate that underlying account balances are complete and reliable before preparing the income statement, balance sheet, and other reports.
Available workbooks
You can find these workbooks in the navigation panel on the left under Workbooks. Expand the Real Time folder, then open the Trial Balance folder.