Quickbooks Trial Balance Report

The Trial Balance is the source data from which the Balance Sheet and Income Statement are generated.

Even if the report balances, you might spot weird numbers. For example, if you see a negative balance in your "Inventory" asset account or a credit balance in an "Expense" account, you know you have misclassified a transaction. quickbooks trial balance report

You should run and review the Trial Balance report during these key moments: The Trial Balance is the source data from