Overview of Trial Balance Option in MargBooks

Process of Trial Balance Option in MargBooks

Overview of Trial Balance Option in MargBooks

• A Trial Balance is a list of all the nominal/general ledger accounts contained in the ledger of a business. This contains the name and value of the nominal ledger account. The value could either show a debit balance or a credit balance.

• The debit balance value will be listed in the debit column of the trial balance and the credit balance value will be listed in the credit column. The purpose of a trial balance is to prove that the value of all the debit value balances equals the total of all the credit value balances. It displays the closing balance of the Account Group and Ledgers.

• The user can share the Trial Balance Report (Opening balance, Monthly Credit and Debit transactions) with the particular customer via WhatsApp, Email and Google Drive.

Apart from this, the user can also Export (Excel, PDF, CSV, etc) and Print the Trial Balance Report as per the requirement.

Process of Trial Balance Option in MargBooks

• Go to 'Report'.

• A 'Combined Report' window will appear.

• Select ‘Trial Balance' option under ‘Accounts Report’ tab.

• A 'Trial Balance’ window will appear.

• The user can view all the Account groups.

• User will click on ‘Expand All’ button to view Account groups in detail.

• The user can view ledger-wise details displayed in the Trial Balance.

• The user can click on the required Account Group to view its detailed information..

• Suppose press 'Enter' key on ‘Sundry Debtors’.

• The user can view the customer-wise ledger details along with their debit and credit balances.

• In order to view the further details of any ledger, the user will press 'Enter' key on that particular ledger.

• Suppose select ‘Shri Khaneja Agencies’ and press 'Enter' key.

• The user can view that how much is the opening of that ledger and how much credit and debit is done in which particular month.

• The user can share the Trial Balance report by clicking the 'Share' button.

• The user can share the Trial Balance report and customer/party ledger details through different sharing options.
•  WhatsApp: Select this option if the user needs to share Trial Balance report/ledger detail report through WhatsApp.  
•  Email: Select this option if the user needs to share Trial Balance report/ledger detail report through E-mail.
•  Drive: Select this option if the user needs to share Trial Balance report,ledger detail report through Google Drive.

• The user can export the report in Excel or PDF format, or take a printout as per the requirement.

• The user can apply date wise filter to view the Trial Balance report as per the requirement.

• A Date Filter window will appear, where the user can enter the required date range in the From and To fields.
• The user can click the 'OK' button to view the Trial Balance report for the selected date range.

• The user can enable or disable the Opening Balance option as required to customize the Trial Balance report.

• A 'Trial Balance Configuration' window will appear in which the user can select the whether the Trial Balance report must viewed with the Opening Balance or not.

• After following the above steps, the user can easily view, export, print, and share the Trial Balance report in MargBooks.