Do the account balances agree before we review statements?
Equal debit and credit totals are a necessary check, but do not prove every account classification or business judgment is correct.
Explore the sample companyTrial balance
Review exact opening, movement, and closing balances from the immutable ledger by legal entity and period.
Financial operationsSample company
Source records
Invoice$12,000
Receipt$12,000
Journal → reconciliation
Cash · debit$12,000
Receivable · credit$12,000
Balanced Evidence matched
Human review Required before approval
Report preview
Traceable to reviewed entries
Close remains subject to review
Do the account balances agree before we review statements?
Accounting integrity erodes when classification, approvals, posting, reports, reconciliation, and close evidence are disconnected or editable after the fact.
- Trial balance
- A list of account balances used to check that total debits and credits agree.
- What it works with
- Opening balances and posted debit/credit movements for the selected entity and period.
- What you get
- An exact view of opening, movement and closing balances that helps check debit/credit agreement.
How the work progresses
Who uses it
Accounting preparers, finance reviewers and controllers who need to trace a balance to its evidence.
- Confirm the Legal Entity and period for the balance read.
- Inspect opening balances, posted movement and closing debit/credit balances.
- Review agreement and investigate classifications or missing evidence before relying on a statement.
A concrete example
Illustrative, not customer data.
What still needs judgment
Correct setup and qualified review remain the customer's responsibility. OwnCents is not an accountant, auditor, tax adviser, or statutory filing service.
AI may suggest or explain accounting work, but cannot approve, post, close, alter posted entries, override classifications, or create balancing plugs.
Available workflows depend on your plan, permission scope, configuration and supported data. Compare plans before choosing.
Before you use trial balance
Can I explore this before connecting company data?
The public demo is a fixed, read-only sample company. It illustrates supported product areas without creating an account or accessing customer data; it is not proof that every configured workflow is available in the tour.
What should I verify before relying on an output?
Confirm scope, source coverage and timing. For this capability, review opening balances and posted debit/credit movements for the selected entity and period. An operating status or AI explanation does not replace the required review of accounting evidence.
Does an explanation automatically authorize a financial action?
No. AI may suggest or explain accounting work, but cannot approve, post, close, alter posted entries, override classifications, or create balancing plugs.
Continue the workflow
See the work in context.
Explore a read-only sample company, or start with your own supported data.