Nominal Ledger/Trial Balance

View - Accounting - Financials - Nominal Ledger

The Trial balance provides an overview of every item that has been entered into each N/C during the active accounting year. By using the total balance for each N/C, you can go further into the figures and look at the distribution for each period, right down to the individual journal lines.

You can go even further and view information about the journal entry through other modules, by using a number of buttons. Which buttons are active depends on what N/C you select.

Below is a description of how you can start in the Trial balance tab and work your way further into the journal/period structure. You can also set necessary selections directly through each tab.

Working your way through the Nominal Ledger from the Trial balance tab

Open the Nominal Ledger by going to View - Accounting - Financials - Nominal Ledger.
Click the Total off/on button if you want the balance to be shown/hidden at the bottom of the window.
Select the Nominal ledger button from the left menu bar.
The Trial balance tab provides a list of all N/Cs that contains entries from the current accounting year.
Double click the N/C you wish to view in detail.
The Account details tab shows how each period contributes to the final balance.
The Closing balance column shows the balance that was applicable at the end of each period. .
Double click on the period you wish to view in detail.
The Transaction details tab contains all entries made to the account throughout the period.
Double click the line you wish to view in detail.
The nominal ledger will now shifts its focus to the Journal list, with a filter for the journal containing the selected line.

For a description of other buttons in the toolbar, see the description in The Journal List in Financials.