R74S560 - G/L by Obj. Account - Spain

The G/L by Obj. Account - Spain report includes detailed information about account transactions. You can use the report to:

• Review transactions within individual accounts.

• Research accounts that are out of balance.

• Verify account accuracy.

You also use this report to open and audit accounts with the same control totals as the journal report. The accounts and the totals are the basis of the trial balance.

In Spain, businesses use the G/L by Obj. Account - Spain report as a basis for:

• Internal auditing, as a control of account accuracy.

• External auditing by a third-party, such as a fiscal authority or auditing firm.

The report includes this information:

• Beginning and ending balances for each account.

• Transactions that are based on a period selection or a date range selection.

• Prior year-end balance or previous-period balance, depending on the transaction types that you select.

• Balance forward amount printed at the bottom of the page when a page break occurs within an account.

• Previous balance amount printed after a page break within an account.

• Option to omit account with zero balances.

• Option to print posted and unposted transactions.

• Detail information by subsidiary or by object account only.

• Totals by period and by account.

Accounts with the same object account but different business units are recognized as the same account for the report.

Businesses print the G/L by Obj. Account - Spain report at least once a year for all accounts, typically, at the end of the fiscal year. The total debits and credits that print on the report should equal the total debits and credits of the Trial Balance and G/L Registration reports.