Trial Balance

This section describes the fields and descriptions on the Trial Balance report.

The Trial Balance report displays all financial postings summarized for the selected fiscal periods for each account. Both profit and loss and balance sheet accounts are included.

The report has the following tabs:

• One tab displays opening, closing, and debit/credit balances for the year-to-date.
• One tab displays opening, closing, and debit/credit balances for the selected fiscal periods.

Your specified reporting structures determine the format of account headers and subtotals on the report. You can display amounts in account, company, or enterprise currency, or using a selected reporting currency. Amounts are grouped by currency and company.

• The report corresponds to the Print dialog box’s Print Trial Balance option.
• The Debit and Credit columns link to the Finance Transactions report.
• The Account column links to the Accounts workspace. The link is based on the account number (for example, 10010).
• The Company title links to the Companies workspace.

Note: The year-period restrictions provided in the report vary according to fiscal periods. If you are working with odd fiscal years, these restrictions are different from the year-month restrictions applied in the corresponding Maconomy client report because that report works in calendar months.

Report Fields and Descriptions

Column	Description
Account	This column displays the account number and name, as well as header and corresponding subtotal labels.
Opening	This column displays the opening balance of each account for the selected fiscal periods.
Period, Movement	This column displays the total amount posted to each account for the selected periods.
Debit	This column displays the balance of debit minus credit for each account, if the account is in debit; otherwise, it displays a zero. Only postings done in the selected fiscal periods are included in the calculation.
Credit	This column displays the balance of debit minus credit for each account if the account is in credit; otherwise, it displays a zero. Only postings done in the selected fiscal periods are included in the calculation.
Closing	This column displays the closing balance of each account for the selected fiscal periods.