Definition: An internal accounting report listing all ledger account balances (assets, liabilities, equity, revenue, expenses) to ensure total debits equal total credits, often used to detect errors.
Example: Asset managers use trial balances for performance monitoring, valuation preparation, and audit preparation.
Explore the IVP NAV Solution
The IVP NAV Solution can take trial balances into account. It enables real-time NAV finalization for multiple funds with complete traceability for specific NAV components. It centralizes NAV oversight in one intuitive experience with automated exception identification and trend analysis, so asset managers can quickly and easily remediate NAV anomalies at the key component, share class, and security level.
