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Can I use a balance sheet and profit and loss instead of the trial balance?
Can I use a balance sheet and profit and loss instead of the trial balance?
Hannah Olsson avatar
Written by Hannah Olsson
Updated over a week ago

No, you cannot use a balance sheet or profit and loss statement instead of the trial balance in Cimplico Workpapers. The platform is designed to work exclusively with a trial balance to ensure consistency and accuracy.

However, you can focus on specific account classes within the trial balance to achieve a similar view. For instance, you could filter the trial balance by Account Class = Revenue and Expense to view profit and loss accounts.

โš ๏ธ Warning: The above is a workaround and not a replacement for a traditional profit and loss statement or balance sheet. The trial balance filtering is not designed to replicate these reports and may not provide the same format or level of detail.

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