Trial Balance
This refers to a trial balance with Beginning Balance and Ending Balance columns, in addition to the Period to Date debit and credit.
Key metrics at a glance:
- Beginning Balance: Shows the balance of the account at the beginning of the accounting period for which the trial balance is prepared.
- Ptd Debit: Shows the total debits posted to the account for the period. A debit typically represents an increase in an asset or expense account or a decrease in a liability or equity account.
- Ptd Credit: Shows the total credits posted to the account for the period. A credit typically represents a decrease in an asset or expense account or an increase in a liability or equity account.
- Ending Balance: This column is calculated by adding the beginning balance to the debits and subtracting the credits. It represents the balance of the account at the end of the accounting period.
Mapping and Filtering
Selection Page:
- Run As Date
- Reporting Book
- Adjustment Book
- Location
- Department
- Project
- Customer
- Vendor
- Item
- Product Line
- Class
- Warehouse
- Project Type
- Customer Type
- Vendory Type
- Employee Type
- Employee