A trial balance is a listing of a company's accounts and balances. This report may not be the most exciting output of a small business accounting system, but it gives the user a full glimpse of the ...

Closing the books on an accounting period is a lengthy and complex process. No matter how complex, it needs to start somewhere. For every company, big or small, it starts with a trial balance. This is ...

Balance-sheet balances carry over from one period to the next. So the ending cash balance from last year will become the beginning cash balance this year. Throughout the year, transactions will ...

Countingup, the UK’s leading banking and accounting app for SMEs, has expanded its business current account to include key accounting reports: trial balance, balance sheet and profit & loss. These ...