Trial Balance
Every account's debit and credit total for the period. Derived from posted transactions — click any account for its ledger entries.
Total debits
$0.00
0 transactions
Total credits
$0.00
must equal debits
Difference
$0.00
—
Net income
$0.00
revenue less expenses
Trial balance
| Code | Account | Type | Debit | Credit |
|---|---|---|---|---|
| ⏳ Loading… | ||||
How this is derived
The ledger stores one line per transaction — these rules expand each into a balanced pair
| Transaction | Debit | Credit |
|---|---|---|
| Income / invoice paid | 1000 Cash (gross) | 4000/4100 Revenue (net) + 2100 GST/HST |
| Donation | 1000 Cash | 4200 Donation Revenue |
| Grant | 1000 Cash | 4300 Grant Revenue |
| Expense | 5xxx by category (net) + 2100 GST/HST (input credit) | 1000 Cash (gross) |
| Transfer out / in | 1900 Intercompany / 1000 Cash | 1000 Cash / 1900 Intercompany |