Trial Balance by Period (report)
The Trial Balance by Period report shows general ledger (G/L) accounts with a starting balance, and the closing balances for 12 accounting periods. You can filter the report by dimensions.
You can select an indentation level to view a summary of more details from your chart of accounts.
Use cases
Financial accountants use the report to:
- Verify the accuracy of the financial data. Review the movements in the selected period of month, quarter, or year, and ensure that the closing balances match the expected values.
- Identify discrepancies or errors in financial data and investigate them.
- Use the report data to prepare financial statements, such as income statements, balance sheets, and cash flow statements.
Financial analysts use the report to:
- Analyze financial performance over specific periods by reviewing the movements in the selected period of month, quarter, or year, and identifying trends and variances.
- Identify areas to save cost or generate revenue, and make recommendations for improving financial performance.
- Use the report data to prepare financial reports for stakeholders such as investors or executives.
Financial controllers use the report to:
- Monitor the financial health of the business. Review the movements in the selected period of month, quarter, or year, and ensuring the closing balances are within the expected range.
- Identify areas to save cost or generate revenue, and make recommendations for improving financial performance.
- Use the report data to prepare financial reports for internal and external stakeholders such as board members or regulatory agencies.
Try the report
Try the report here: Trial Balance by Period
Tip
If you hold down the CTRL key while you select the report link, the report opens on a new browser tab. In this way, you can stay on the current page while you explore the report on the other browser tab.
See also
Built-in key finance reports
Ad hoc analysis on finance data
Financial analytics overview