Trial Balance

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Reports - Trial Balance

The Trial Balance displays the year to date (YTD) and month to date (MTD) accumulated balances in each of your GL accounts, as well as the totals for all accounts. You should print this report each month before the GL End of Month rollover is processed so you can verify and reconcile the account balances (for more information, refer to "End of Period - End of Month").

Reference

For more information about the Trial Balance report and what it is used for, refer to "Trial Balance Report".

Select REPORTS | TRIAL BALANCE.

Micronet displays the Select Index screen with a list of indexes by which you can sort the report.

Select an index for the report. Options are:

General Ledger Account Index - list accounts in order of account number
GL Alternate Account Index - list accounts in order of alternate account number (normally used where a Chart of Accounts has been changed from one accounting computer system to another)
GL Class Index - list accounts in order of class
General Ledger Account Description Index - list accounts in order of account description.

Select Ok.

Micronet displays the User Defined Questions screen.

Complete the following fields:

	Field	Value
	Enter Period	Select the period you want to report on.
	Enter T1 - T5 account	If T accounts are enabled in your system, enter the T account numbers, or press spacebar then Enter to select your accounts.

Select the Ok button.

Micronet displays the Select Output Device screen.

Select whether you want the report displayed on screen, printed, saved to a specific type of file, faxed, or emailed in a specific format.

Reference

For more details on these options, refer to "Selecting the Output for Inquiries and Reports".

Micronet prints or displays the Trial Balance with the accounts listed in the selected order.

If you selected to view the report, select the Drill button on any red text to display additional detail, e.g. the individual account transactions.

You can keep drilling on the new report displayed if it contains red text, e.g. to view the transaction or debtor details.

At the end of the report, check that the Trial Balance does actually balance, i.e. that YTD Debits equals YTD Credits. If these figures are out of balance, you need to investigate the reason for the discrepancy.