Prepare Closing Statements

There are a number of standard reports that you can use to gather the information that you need to prepare your company's closing statements.

The following table describes a number of reports that may be useful in this process, with links to the topics that describe them.

To See

Print a trial balance report with balances and net changes for general ledger accounts.

Trial Balance

Get an overview of accounts receivable, with the age of amounts receivable calculated from the due date, posting date, or document date.

Aged Accounts Receivable

Get an overview of accounts payable, with the age of amounts payable calculated from the due date, posting date or document date.

Aged Accounts Payable

Compare the trial balance with a budget.

Trial Balance/Budget

Print a trial balance report with balances and net changes for general ledger accounts calculated for a series of periods.

Trial Balance by Period

Print an account schedule to analyze figures in general ledger accounts or compare actual general ledger entries with general ledger budget entries.

Account Schedule

Check whether customer and vendor ledger entries balance with corresponding general ledger entries.

Reconcile Cust. and Vend. Accs

See Also

Concepts

Create and Set Up Account Schedules