Trial Balance

Cat P barking at gmx.com
Wed Jun 11 14:26:03 EDT 2014


Yes, all accounts, not the same as Balance Sheet.

There is a Trial Balance option under Reports >> Income & Expense.

Cat



On 11/06/2014 19:11, Mike or Penny Novack wrote:
> 
>>  
>>
>>> Yes, I have a ZERO imbalance, so it is fine, despite my ignorance.
>>> My accountant wants to see the "Trial Balance" to verify the books are
>>> balanced......
>>>
>>> Thanks for the education on what a TB is and why and how it is useful.
>>>   
>>
>> Just run a Balance Sheet report. If you want you could change the
>> title to "Trial Balance".
>> Regards,
>> John Ralls
>>
>>  
>>
> Really the same? The "Balance Sheet" normally only shows the "standing"
> accounts, not "income" and "expense" accounts (temporary accounts of
> fundamental type "equity" -- the NET of all the income and expense
> accounts appears in the Balance Sheet under equity).
> 
> I haven't had a reason to run a "trial balance" but isn't that ALL
> ledger accounts?
> 
> Michael
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