Tapping Trial Balance in the Other Reports screen displays the report. From this screen, you can
The trial balance report lists all your accounts and their balances on a particular date. Each account shows either a debit balance value or a credit balance value, listed in either the debit column (Dr) or credit (Cr) column.
The purpose of a trial balance is to prove that the value of all the debit value balances equals the total of all the credit value balances. If the total of the two columns
It is possible to make errors in the initial setup of opening balances such that your accounts are not in balance. If this is the case, EasyBooks will show a line labelled Opening Balances at the end of the report together with the amount needed to bring the accounts back into balance. You should review your opening balances if this line appears.
Every transaction moves money from one account to another without loss. For example, if you pay dividends, you will normally pay these as a transaction between your Bank account and one of your Capital / Net Worth accounts, such as your Retained profit account. The balance of both accounts is affected by the same amount because the double-entry system is managed by EasyBooks. This is not the case for your Opening Balances. If you are setting opening balances, be careful to use the correct figures for all accounts so the accounts are still in
The Next P&L Consolidation date from your Business Settings is used as the date of the report. If this date has not yet passed, the reports
This button is used to send or print the report. It uses the standard Apple sharing panel and allows you to send the report by email or AirDrop, print it to an