Vendor - Trial Balance (report)

The Vendor - Trial Balance report shows the beginning balance and net change for the (mandatory) date range selected in the date filter.

If you use accounting periods, the report shows the fiscal year amounts for beginning balance, net change, and ending balance.

The report is segmented for vendors in each vendor posting group. The grouping makes it easier to reconcile the ending balance against the general ledger payables accounts.

Use cases

Procurement managers use the report to:

• Analyze vendor balances. The report displays the net changes for vendors for the period specified in the date filter and the net change year-to-date for the corresponding fiscal year. Use this information to analyze vendor balances and ensure that the company isn't overpaying or underpaying vendors.

Vendor managers use the report to:

• Review vendor posting group balances. The report has groups for vendor posting groups, making it easy to review vendor posting group balances. Use this information to ensure that vendors are appropriately categorized and managed.

Accounts payables specialists use the report to:

• Reconcile vendor subledgers. The report is segmented for vendors in each vendor posting group, making it easy to reconcile the ending balance against the general ledger payables accounts. Use this information to ensure accurate and timely financial reporting.

Controllers use the report to:

• Monitor vendor performance. The report provides information on net changes for vendors for the period specified in the date filter. It also shows the net change year-to-date for the corresponding fiscal year. Use this information to monitor vendor performance and identify potential issues that might affect the procurement processes.

Try the report

Try the report here: Vendor - Trial Balance

See also

Purchase reports
Ad hoc analysis of purchasing data
Purchasing analytics overview

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