Trial Balance
The trial balance presents for each account the total debits, credits and resulting balance.
Introduction
The trial balance is a summary statement that recaps, for each account, the period movements and balances. It is an essential tool for controlling and verifying accounting.
Balance Structure
The balance displays for each account:
Opening balances (debit and credit)
Period movements (debit and credit)
Closing balances (debit and credit)
Balance Verification
The balance is balanced if:
Total opening debits = Total opening credits
Total movement debits = Total movement credits
Total closing debit balances = Total closing credit balances
Detail Levels
You can display the balance at different levels:
By Classes
Synthetic view grouped by account classes.
By Subclasses
Intermediate level of detail.
By Accounts
Complete detail of all accounts.
Next Steps
Analyze your results:
