Is trial balance software really necessary?
Trial balance software is very much a niche product. That’s really saying something, considering that the accounting market is itself a niche market to start out with. As a class of software, trial balance is a bit hard to pin down. In many aspects, it is very similar to write-up, and packages for the two applications, especially those available from the same vendor, often have a lot of feature overlap. Write-up, as with trial balance, lets you capture transactions with the intention of generating financial statements. While the final product-financial statements-produced by the two applications is the same, the intent, mechanics and operation of these two classes of software products diverge substantially. Write-up software is designed to allow…
