Point-in-time list of ledger balances proving total debits equal total credits.
What it shows. Shows every account with a non-zero balance as of the selected date, grouped into balance-sheet and profit-and-loss sections (cash, receivables, assets, payables, income, expenses, and remaining leaf accounts).
When to use it. Run before closing a period or preparing financial statements to confirm the books balance. Use Advanced View for the expanded layout with account code, opening/closing debit-credit columns, and period movement.
How amounts are calculated. Each account’s natural balance side (debit or credit) determines its column. Negative balances flip to the opposite column. Totals at the bottom should match — total debits equals total credits.
Why do debits not equal credits?
Unposted drafts, wrong date, or incomplete opening balances. Re-run after month close.
What date should I use?
Period-end date for closing. Use same date as Balance Sheet snapshot.
How is this different from Balance Sheet?
Trial Balance lists all accounts with DR/CR columns. Balance Sheet groups by assets/liabilities/equity.
Are zero-balance accounts shown?
Typically only non-zero balances appear.
Can I drill to transactions?
Use Account Transactions for account detail.