Why does my trial balance not actually balance when I look at everything on an account level?

AI generated answer (using internal Slack threads):

****** Disclaimer: This response was generated by an artificial intelligence assistant based on previous conversations from multiple Slack channels, and may contain inaccuracies or mistakes. ****** There could be several reasons why your trial balance is not balancing when you look at everything on an account level. Here are some possible explanations based on the conversations: 1. Exchange Rates: If your accounts are set to use the "Current" general rate type, it exchanges currencies when viewing consolidated reports by using the current exchange rates for the period ending the report date range. This could cause discrepancies in your balances. Switching the account to use the "Average" general rate type might resolve the issue. 2. Transaction Amount vs Running Balance: The Amount is the transaction amount that is being posted to that Balance sheet account, while the Balance is the running balance of the account. If these two are confused, it could lead to discrepancies. 3. Revaluation and Elimination Journals: Review your revaluation journals and elimination ones. There might be some entries that are causing the imbalance. 4. Consolidation Rates: Review your consolidation rates. There could be some math issues causing your remaining balances. 5. Currency Differences: If part of the balances were in one currency and you journal entered them out in another currency, this could cause discrepancies. 6. Zeroing Out Accounts: Some accounts require that they be zero in each currency. If you are trying to completely zero them out, this could be causing the imbalance. 7. Accounts Payable and Accounts Receivable: Some accounts like AP and AR won't revalue unless there is a customer associated. This could be causing the imbalance. Remember to validate the running balance by opening the Register by clicking on the GL number from a transaction, or drill down to view from the beginning of time for the company.