Sage 100 - How to reconcile the Trial Balance (MAS 90 / MAS 200) Video Lecture | A detailed Guide to SAGE 100 - Data & Analytics

when it comes to the end of the month or
end of the year and you've reconciled
all of your subsidiary modules to the
general ledger you're then ready to
reconcile the general ledger the trial
balance is one of the most critical
reports in general ledger it contains a
summarized listing of all account
activity including beginning and ending
balances and total debit and credit
activity it is used to check the
balances of all accounts within general
ledger the debit and credit amounts on
the report total line should balance so
in general ledger you can see that you
can sort this report in a number of
different fashions and you may do this
depending upon how you're different
accounts are segmented and you can see
that you can print this in a number of
different fashions as far as the
balances now this report is commonly
used to periodically check balances for
all accounts in general ledger and you
can choose the fiscal year and
accounting periods to include as well as
the balances so we could include only
the ending balance to list the debit and
credit ending balances for each account
you could select the beginning balances
only to find only the beginning balance
for each account for the period selected
or you can select the beginning balance
activity ending balance and that will
display the beginning balance summarized
detailed information as debits and
credits for the period defined and
ending balance now you would use this
report to balance your subsidiary
modules and use the selection to
identify which account so if I was
reconciling accounts payable I would
pull only the accounts payable account
number or account numbers when i'm
looking at balancing my entire general
ledger i'm pulling all of my accounts if
you want to print those with zero
balances that's your option as well
let's firstly pull this with just the
ending balance
and if we look at the very last sheet we
can see a total of our debits and
credits and since these match they are
in balance now if I choose this with
beginning balance activity ending
balance and preview this will be another
way that we can pull the trial balance
and what we're looking here as well is
that our beginning balance at our report
totals is 0 and our ending balance is 0