R74S570 - T/B by Obj. Account

Businesses in Spain are required to submit a trial balance to the Spanish tax authority. The statutory trial balance must be organized and summarized by object account. Businesses often print the T/B by Obj. Account report to facilitate:

• Internal audits and verify one or more accounts.

• External audits as required by a fiscal authority or auditing firm.

You can print the T/B by Obj. Account report to review the total debit and credit amounts for each account in any given ledger. You can also find errors that cause the general ledger to be out of balance. Possible errors might include incorrect entries or missing transactions.

The T/B by Obj. Account report for Spain includes these features:

• Recognition of accounts with the same object account but different business units as the same account in the report.

• Information selection by a specific period and fiscal year, and for a specific level of detail.

• Ledger type selection.

• Selection of a specific business unit to retrieve the account descriptions.

• Optional totals by company.

• Option to include accounts with zero balances.