G/L Verification Report
Written by Brandy Burch
Updated at March 27th, 2025
This report is designed to reconcile your assets to your General Ledger system. The comparison should only be made in the Book where the user creates the G/L entries, which are most often. the GL Book. It will compare the detail in Fixed Assets to the asset and accumulated depreciation accounts defined in your Account Codes to your General Ledger.
If you have out-of-balance issues, this means that you have either not Imported all of your assets from the General Ledger or that you have assets in your Fixed Assets system that are not in your General Ledger.
Example:
