How to run one
- Pull the trial balance for this period and the comparison period.
- Calculate the change in amount and percentage for each account.
- Flag accounts above your threshold, for example 10 percent or USD 5,000, whichever applies.
- Investigate each flagged item and write a short explanation.
- Correct any errors found, then re-run.
Good explanations
A good explanation says what caused the movement and whether it is expected: “Hosting up 44 percent: new region launched in September; recurring.” A poor one restates the number: “Hosting increased.”
General information only, not legal, tax, audit or professional-conduct advice. Rules, standards and software features change, so confirm the position that applies to your firm before you act. See our disclaimer.
