Check balances report

The Check Balances report verifies that the balances of individual securities match the balances of the accounts to which they are assigned.

This check is particularly useful at the beginning of a new accounting year to ensure that:

• Opening and closing balances have been recorded correctly.
• The balances of individual securities align with the total balances of their respective accounts.

Currently, this check is performed only for the current accounting year.

Why Use This Report?

• Helps detect discrepancies early, preventing accounting errors.
• Ensures that securities and their assigned accounts remain in sync.
• Provides a quick validation step after year-end closing.