Trial balance report
Requirement
The provision of a trial balance report over the general ledger, by an accounting system, is a fundamental accounting requirement.In this country, the accounting trial balance report is not a legal requirement, but a basic business practice.
M3 solution
A five-column report shows this information for each account:
- Opening balances
- Period balances
- Closing balances
An eight-column report shows this information for each account, with separate columns for debit and credit values:
- Opening balances
- Period balances
- Period movements and closing balances
Configuration guidelines
| Program ID | Program name | Description or comment |
|---|---|---|
| GLS510 | General Ledger. Print Balance Lists | Report with version control and eight unique report layouts. |
| GLS635 | Balance 8 Columns. Print | Report with currency handling and page numbering. |
| GLX505 | Journals. Print | Report with running total and carryover per page. |
| GLX510 | Turnover and Balance Lists. Print |
Report with debit and credit balances for the opening balance, the turnover period, the year-to-date turnover, and the closing balance. Report with running total per page and carryover per page |