Trial Balance

Workflows > Endpoints > Reporting > Trial Balance

Purpose: Retrieve the balances of general ledger accounts, for a given date.

This endpoint is typically used in cases for general accounting reporting. What you retreive with the trial balance, is a list of the general ledger accounts from the client and the current aggregated balance of these accounts, at the given date used in the api request. You can then group the accounts and aggregate the balances as you see fit, in order to create a financial statement report.

If transaction details are needed, the endpoint Account Transactions can be used to retreive this. A common workflow for integrated applications that need to retreive all account transactions, is to start off by retreiving the starting trial balance, and then using only the account transactions from then on to provide flexibility with the reporting. The starting balance is the trial balance imported to Go when the client first started using Go as the accounting system. The Account Setting endpoint for fianancial settings, will provide information on the conversion date, which is the relevant date for retreiving the starting trial balance.

For subledger accounts (customer or supplier ledgers, typically connected with the accounts 1500 and 2400), account transactions will provide the transaction details, but it might be more relevant to retreive full subledger spesifications from the customer ledger or supplier ledger endpoints.

Endpoint

Descriptions


Retreive trial balance at a given date:

  1. Retreive the current trial balance at the provided date (date inclusive), with optional filtering

  2. If needed, drill down to spesifications by retreiving general account transactions, or by retreiving subledger spesifications

Prerequisites

  • Access to the TrialBalance access privelige

    • The client need an active subscription of an accounting module of PowerOffice Go

Related workflows

  • Accoount Transactions

  • Customer Ledger

  • Supplier Ledger

  • Dimension endpoints to supplement information

  • Contact endpoints to supplement information

Dictionary/Terminology

  • General ledger account: In accounting terms, this is an ordinary account used in the general ledger of the accounting system

  • Trial balance: A list of the aggregated sum of each account, at a given date

  • Account transaction: A singular transaction posted on a given general ledger account. A posted voucher allways consist of at least two account transactions, one debit (positive) and one credit (negative) - allways balancing to zero.

  • Subledger: A subset of a general ledger account, containing spesifications of the transactions for either customers, suppliers or employees. In PowerOffice Go, a general ledger acccount that have a subledger, require the use of the subledger account number (ie the customer/supplier/employee number) when transactions are posted.