At the end of each accounting period, a business makes adjustments to certain accounts to update its records before preparing its financial statements. An unadjusted trial balance is a chart that ...

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 ...

Trial balance software is very much a niche product. That’s really saying something, considering that the accounting market is itself a niche market to start out with. As a class of software, trial ...

Selecting trial balance software is becoming easier every year. As software vendors consolidate in the wake of acquisitions by larger companies, the number of products dwindles, making the entire ...