Trial balance

The trial balance shows the balance of debtor and creditor balances of a company’s or organization’s general ledger accounts at a specific moment.

With FacturaDirecta you can check the trial balance in real time Create an account and start for free.

What is it used for?

It is a very useful report because it allows detecting possible errors in the general ledgers in a very easy way.

The reason is simple: in the trial balance, the debtor balances of the accounts must equal the creditor balances of the same.

If this balance does not exist, something has been recorded in the general ledger accounts incorrectly.

Trial balance

How is this balance created?

In FacturaDirecta it is created automatically and in real time, so you will always have it updated and at your fingertips at any time and place.

To be able to generate the profit and loss balance it is necessary to know the balances of all the company’s general ledger accounts.

We hope this information is very useful to you.

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