The one-month trial balance is a financial report that lists all the balances of an organization’s general ledger accounts for a specific month.

Here’s what it means in practice:
Purpose: It is prepared to check that total debits equal total credits after one month of transactions.
Contents: It includes balances from all accounts, such as assets, liabilities, equity, revenues, and expenses.

It is prepared at the end of that month to ensure that:

• Debits equal credits (so the books are in balance).
• All transactions for the month have been recorded correctly.
• Errors, if any, can be identified before preparing financial statements.

Key points about a 1-month trial balance:
It covers only one accounting month (e.g., January).
Shows account balances for assets, liabilities, equity, income, and expenses.
Used as a checkpoint before creating the monthly income statement or balance sheet.
Helps management and accountants track financial performance month by month.

Printing the 1 month Trial Balance in PFIM

Click on REPORTING

click on GENERAL LEDGER

click on TRIAL BALANCE

The default will be the 1 month trial balance.

You can then print the trial balance or export to a csv formatted file.