GL Trial Balance Report overview
Function acronym: GLRT
Use this report to print the balances for each account set up in GL Account Setup.
The report is run for the current period or any period you specify. The balances fall into two categories: balance sheet accounts and income/expenses. At the end of the report, the balance sheet accounts split into assets and liability totals. Income and expenses are split also.
If profit is posted before running the GL Trial Balance Report, the asset/liability proof should be zero. The income/expense proof should equal the amount in the Current Year Earnings account.
If profit has not been posted for the year, the asset/liability proof should equal the income/expense proof. An out-of-balance condition exists when the proof amounts are off.
Close all open journals before you run this report. If a journal is open, the journal number, operator, function name, date and time print at the top of the report. Find the journal, close it, and then rerun the report.