Detail Trial Balance Report

The degree that you select determines the level of summary information that appears for the account codes, period, and balancing segments that you select.

Summary Trial Balance Report

The Summary Trial Balance report displays selected accounts at Degree 1, such as the summary level. The report displays only 2-digit accounts and aggregates all associated balances up to this degree level.

Results Trial Balance Report

The Results Trial Balance report displays accounting balances for classes 6, 7, and 8 accounts for Degree 1 through Degree 7. These classes are associated with trading accounts. The Results Trial Balance report displays information on the trading position for the selected balancing segment.

Begin Year Trial Balance

The Begin Year Trial Balance report excludes classes 6, 7, and 8, which are associated with the company's trading accounts. At the beginning of the year, only balance sheet accounts are displayed.

End Year Trial Balance

The End Year Trial Balance report is run after the Results Calculation, because it represents the final year-end trial balance for all accounts, except for classes 6 and 7, which are set to zero at the end of the fiscal year.