Trial balance report

The Trial balance report shows the debit or credit balance by account for a period of time, by property. 

Sample reports

• PDF format

Other report formats are available and can be generated in the software.

When to use it

• View the debits and credit balance for assets, equity, income and expenses.
• Verify your credits balance your debits.

Generating this report

1. Go to the Reports menu .
2. Click the Trial Balance link.
3. Select your report parameters. More details:
   

    

   Parameter	What it means
   Properties	Select a single property, association or rental owner, or a group of properties, associations or rental owners, using the filter box. You can also select all properties.
   Date range	Selects the period for which the software will generate the report.
   Accounting basis	Cash basis reports display data when money changes hands. Accrual basis reports display data for the period in which the transaction originally happened.
   Report format	Choose from PDF, legacy PDF, XLS, XLSX, or CSV.

    

4. Click Download report.

Miscellaneous

• This report shows accounts with credit balances in parentheses. Depending on the account type, this could indicate a positive or negative balance. For example, a balance of ($1,000) in Rent income indicates that $1,000 has been received or earned; credits cause the value of income accounts to increase. On the other hand, a balance of ($1,000) for a bank account indicates that the account is in the red; credits cause the value of asset accounts, like bank accounts, to decrease.