Trial BalanceGeneral ledger > Common > Trial balance

The Trial balance is an inquiry form for ledger balances. Multiple Financial dimension sets can be utilized to summarize amounts using the selected Dimensions.

Summary

1. Create a Financial dimension set2. Update Financial dimension set values3. Trial balance inquiries

Steps

• Creating multiple Dimension sets makes it easier to do high level financial analysis

• If you do not update balances during the posting process, you should run the update process as a batch job

Tips

Create a Financial dimension set

• Click the New button.

• Type a Financial dimension set to describe the dimension structure.

• Name the Dimension set.

• In Selected financial dimensions, add the desired attributes of the Dimension set. Order of the selection is important.

35

Trial Balance

Update Financial dimension set values

• Click the Update balances button.

• Mark the Update balances during the posting process box.

36

Trial Balance

Movie 1.5 Trial Balance

Trial Balance

Trial balance inquiries

• Choose the Financial dimension set that provides the desired level of detail.

• Click Parameters to modify the date range.

• Click Posted to view the details that make up the balance.

38

Trial Balance