<Head>
  <meta name="robots" content="noindex, follow" />
  <script type="application/ld+json">{JSON.stringify({
    "@context": "https://schema.org",
    "@type": "DefinedTerm",
    "name": "Trial balance",
    "description": "A report listing all accounts and their debit/credit balances at a given date. Used to verify that total debits equal total credits before preparing financial statements.",
    "inDefinedTermSet": {
      "@type": "DefinedTermSet",
      "name": "Frihet ERP Glossary",
      "url": "https://docs.frihet.io/glossary"
    },
    "url": "https://docs.frihet.io/glossary/trial-balance",
    "sameAs": "https://en.wikipedia.org/wiki/Special:Search?search=Trial%20balance"
  })}</script>
</Head>

# Trial balance

In business management and accounting, "Trial balance" is a key concept used in financial operations, reporting, and compliance in modern ERP systems.

---

## Translations

| Language | Code | Translation |
|----------|------|-------------|
| English | `en` | Trial balance |

## Related Terms

[Opening balance](/glossary/opening-balance) · [Balance sheet](/glossary/balance-sheet) · [Current balance](/glossary/current-balance) · [Running balance](/glossary/running-balance) · [Account balance](/glossary/account-balance) · [Closing balance](/glossary/closing-balance) · [Aged balance](/glossary/aged-balance) · [Bank balance](/glossary/bank-balance)

---

:::tip Use Frihet to manage your business
Frihet is an AI-native ERP handling invoicing, expenses, taxes, and compliance — in 10+ languages. [Start free →](https://www.frihet.io)
:::
