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Globally Accessible Accounting and Inventory Control Application with you online store and e-payment interface. Internet or Web based Accounting and Inventory Control Application including a online store for your business with a shopping cart and credit card interface. Runs in an internet browser from any computer.

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Publishing Management Software, Accounting, ERP, CRM Software for Newspapers, Magazines, Business Management and Accounting Software for newspaper, magazine publishers. Modules : Advertisement, Circulation, Parties, Transactions, Payroll, Accounts & Utilities. Free Trial Download.
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Financial Accounting and Business Management of all kinds of business, industry and services is now possible with HiTech Accounting Software made for specific business segments. Click the following links for more details and download.
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Complete with Advertisement, Circulation, Payroll & Accounts modules

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What is Trial Balance

Trial Balance : Definition, Accounts Module



According to double entry system after recording all the transactions in the subsidiary books like journal, sales / Purchase books and posting them into ledger and ascertaining their balances, the statement prepared to ascertain the arithmetic accuracy of accounts on a certain date is called Trial Balance. It is the statement on the basis of which Trading, Profit and Loss Account and Balance sheet are prepared. Here the trial balance is prepared from ledger using "Totals Method". The total of debit and credit side of each account in ledger is place on the appropriate side in the Trial Balance.

Agreed Trial balance is a prima facie evidence of the arithmetical accuracy of the accounting books maintained.



 

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Globally Accessible web based accounting and inventory control application.
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