The Fund Balance account amounts on the Financial Statements will not match the Trial Balance report because both reports mock close differently:

  • The Financial Statements mock closes both the prior year's net surplus/deficit and the current year's net surplus/deficit as of the report date.
  • The Trial Balance report mock closes prior year's net surplus/deficit at the beginning of the fiscal year for fund balance accounts designated as closing accounts

To match net surplus/deficits among various reports, refer to: