No, you don’t need to prepare work for every account on the trial balance. However, each account must either be prepared (and ultimately reviewed) or excluded to ensure the trial balance is complete and to be able to finalise the workpapers.
💡Tip: The below will help you manage accounts efficiently:
Exclude unnecessary accounts: If an account doesn’t require preparation, you can exclude it. See Excluding accounts in the trial balance.
Use tabs to streamline workflow: The trial balance tabs help you organise and track your progress. Learn more in Using the trial balance for an efficient workflow, under the section Using tabs to manage workflow.