Skip to main content

Trial Balance Report in Microsoft Dynamics GP

Want a Trial Balance (TB) report from GP where the balances of all ledgers are summaries into debit and credit column totals that are equal? You can get it in GP easily.

Path: Reports > Financial > Trial Balance


1.   Select “Summary” from Reports options.
2.   To create new report, click [New]. Or to print existing report option, just select the report which available in the Options, then click [Modify].


3.   Type a name for the report option that you want to use in [Option:].
4.   In the Include section, select the "Posting Accounts" check box.
5.   Select the target fiscal year to generate in Year section. Please take note that if you are printing historical year, you need to select "History".
6.   Select the settings and restrictions that you want to use with the new report option. In the sample below, the TB that going to generate is March in 2017. You can also filter a group of the account code that need to generate using this filtering option.
7.   Select [Destination]


8.   Click to select the Destination to “Screen” check box and the to “File” check box if you need to export to Excel.
                Refer to this link to know further on exporting report to Excel.

9.   Go back to the Trial Balance Report Options window, click the Print button to generate the report.

Comments

Popular posts from this blog

Reprinting GP Posting Journal after Posting in Dynamics GP

As there is no shortcut to reprint the posting journal from one screen, you need to know the original screen location. Financial and Bank 1. To reprint General Journal entries.      Path: Reports > Financial > Cross-Reference > Select "Journal Entries"             Take note that the document printed from here will include transaction posted from other source too like Payables, Receivables, and Fixed Assets and etc. 2. To reprint Bank Posting Journal/ Bank Recon Reports      Path: Reports > Financial > Bank Posting Journal Sales Order Processing and Receivables 3. To reprint Sales Transaction Entry      Path: Reports > Sales > Posting Journal > Select "Sales Posting Journal" 4. To reprint Receivables Entry      Path: Reports > Sales > Posting Journal > Select "Receivable Posting Journal" 5. To reprint Cash Receipt Entry      Path: Reports > Sal...

How to Create Recurring Transaction in Dynamics GP

If you have a handful of journal entries to be created in regular basis, whether for  numerous accruals and reversals,  allocation, or reclassification entries, setting up Recurring Transaction in Dynamics GP will be helpful and speed up your month end process. Step 1 - Setup Recurring Batch Path: Transaction > Financial > Batches  i.    After entering the " Batch ID " and " Comment ", setting up the " Frequency " is the most important part for recurring transaction. " Single Use " is the one we use all the time for single posting, once posted, the batch will remove from Batch ID. But if you set the Frequency to " Monthly ", which means the batch automatically becomes a recurring batch, the batch will be there forever for multiple posting. ii.    There is another useful option here, " Clear Recurring Amounts ", which will clear the amounts in journal entries after the posting. You can then later enter the amount in the j...

How to Record a Refund from a Vendor in Dynamics GP

Assuming you have scenario where there is over payment to your vendor or supplier, but you don't have any open invoice due to this vendor, you can simply enter a Return transaction using Payable Transaction Entry screen. Path: Transaction > Purchasing > Transaction Entry > Select "Return" from Document Type. 1.     Assuming there is a refund of $100 from the supplier, enter the refund details as per screenshot attached. 2.     Enter the refund amount to "Returns" and also "Check" field. 3.     The check entry screen will pop out to record the cash receipt details. 4.     Take note of the Distribution entry, DR Bank and CR Purchase. 5.     After the Return is posted, the document status will be "HIST". No apply require. 6.     This will also create a Bank Deposit to be deposited.         (Transaction > Financial > Bank Deposits)