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How do I see the trial balance and the financial statements?

Open the lists under General Ledger › Chart of Account: Trial Balance, Balance Sheet, Income Statement, Cash Flow Statement. They read every account's Account Category and Sub Category from its release in the company, so classify accounts first.

Screen
General Ledger › Chart of Account › Trial Balance, Balance Sheet, Income Statement, Cash Flow Statement
Who
The chief accountant, management
Takes effect
Immediately
Needs first
Accounts classified on Release Account in Legal Entity; Retained Earning Account and cash sub-categories on General Ledger Setting

Steps​

  1. Trial Balance: Date, Posting Status Posted to leave parked vouchers out, Required Reversal unticked to leave reversed pairs out.
  2. Balance Sheet: Date To; Comparison for earlier periods.
  3. Income Statement: Date; Reporting Structure to see it by unit.
  4. Cash Flow Statement: Date.

If something looks wrong​

  • An expense is missing from the Income Statement groups. Its Account Category is not one of Operating Revenue, Cost of Sales, Operating Expenses, Other Expenses, Other Income.
  • The Balance Sheet does not balance. Fill Retained Earning Account.