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Trial Balance

The Trial Balance summarizes all account balances — combining P&L accounts (income & expenses) and Balance Sheet accounts (assets, liabilities, equity) — showing total debits and credits per account. Its job: verify the books balance (total debits = total credits) before preparing financial statements.

What the report shows​

All account categories (Income, Expenses, Assets, Liabilities, Equity), debit balances, credit balances, totals per account, and overall debit and credit totals. Balances include opening/prior activity; only posted transactions are included.

Viewing the Trial Balance​

  1. Go to Reports → Detailed Reporting → Trial Balance.
  2. Select the report period.
  3. Optionally apply tags.
  4. Select the accounting method — Accrual, Cash, or Modified Cash.
  5. Review debit and credit totals per account.

Verifying balances​

Check the debit column totals, check the credit column totals, and confirm debits = credits. A mismatch indicates an error in accounting entries.

FAQs​

Trial Balance vs General Ledger? Trial Balance is a summary of balances; the General Ledger is detailed transactions.

Why are some accounts missing? No activity in the period or filters applied.

Why do balances change with the date? Balances are calculated for the selected period.

Can I export? Yes.