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Trial Balance

The Trial Balance summarises the debit and credit balances for every account in your Chart of Accounts over a selected period. It is used to verify that total debits equal total credits — a fundamental check on the accuracy of your double-entry bookkeeping.

Navigate to Finance > Trial Balance from the main menu.

The Trial Balance is an on-demand report. Configure the parameters and click Run to generate it.

  1. Set the From Date (defaults to the start of the current year).
  2. Set the To Date (defaults to today).
  3. Click Run.

Once the report is generated, the following are shown:

MetricDescription
PeriodThe from and to period labels for the selected date range
Account CountThe number of accounts with activity in the period
Balance StatusA warning is shown if total debits do not equal total credits
ColumnDescription
CodeThe account code (displayed in monospace)
AccountThe account name
CategoryThe account category (Asset, Liability, Equity, Revenue, or Expense)
DebitThe total debit balance for the account in the period (shown only if greater than zero)
CreditThe total credit balance for the account in the period (shown only if greater than zero)

A summary row is pinned to the bottom of the table showing the total debits and total credits across all accounts.

A correctly balanced set of books will show equal totals in the Debit and Credit columns. If the totals do not match, a warning is displayed — this indicates a data inconsistency that should be investigated.

Individual accounts will appear in either the Debit or Credit column depending on their normal balance:

Account typeNormal balance
AssetsDebit
ExpensesDebit
LiabilitiesCredit
EquityCredit
RevenueCredit

Click any column header to sort the report by that column.