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Pro Trial Balance

Revision as of 12:31, 12 July 2021 by Gelo (talk | contribs)

Trial Balance

Trial Balance refers to an overview of balances of the chart of accounts(Debit and Credit) in a given period(Monthly and Yearly).

Trial Balance
Trial Balance Field List
Field Description
1.Year Filter Allows the user to Filter the current year for the Income Statement
2.Export(CSV) Allows the user to Export the Balance Sheet into CSV file
3.Company Details Basic Information of the Company
4.Account Code reference number code for a specific accounting entry for transaction.
5.Account Name the account name corresponds to its account code.
6.Previous Carryforward Previous Balance to be carryforward for the current Period.
7.Balance Carryforward Current Balance to be carry forward to the next Period.
8.Total Debit the Total Debit on the specific Account Code.
9.Total Credit the Total Credit on the specific Account Code.
10.Balance for the Period Current Balance for this current Period(Base from the Total Credit, Total Debit, and Carry forwards on the Trial Balance Sheet)
11.Accumulated Balance Overall balanced on the specific period.