This topic provides information on the trial balance, which validates the alignment of debits and credits during the End of Day process, ensuring the general ledger remains balanced.

You can do the same in the Bank Parameters screen.

• Trail Balance Required

  • If you switch the toggle , the system consolidates all entries for the selected period and calculates the total debit and credit balances for each system account. It then checks whether the overall debits match the credits as part of the trial balance process.

  • If you switch the toggle , the system skips the trial balance process entirely.

• Trail Balance Auto Adjustment

  • If you switch the toggle , the system automatically adjusts any discrepancies found in the trial balance.
  • If you switch the toggle , the system will skip the auto adjustment process for any discrepancy found in the system accounts.
• Trail Balance Process

  In the End of Day (EOD) process, the system checks whether the overall debits and credits aligns as part of the trial balance. If there is any mismatch, the system records the difference in the accounts to keep the general ledger balanced and accurate.