Debits and credits

View detailed transaction entries for reconciliation and auditing.

The debits and credits report shows every debit and credit entry in your accounting system. Use it to reconcile your general ledger, audit transaction accuracy, and verify that your books balance.

This report helps with:

Month-end and year-end reconciliation
Auditing transaction details before closing an accounting period
Investigating discrepancies in your trial balance or financial statements
Reviewing adjustments made to historical periods

Report columns

Column	Description
Accounting period	Accounting period of the transaction when the period is closed (null if the period is open)
Open accounting period	Accounting period of the transaction when the period is open for edits (null if the period is closed)
Currency	Currency of the transaction
Debit	The general ledger account name that was debited
Credit	The general ledger account name that was credited
Amount	Transaction amount in the currency
Debit GL code	General ledger code for the debit entry
Credit GL code	General ledger code for the credit entry

Filter entries

You can filter entries to separate routine transactions from historical adjustments, audit corrections for compliance, and generate reports tailored to specific workflows.

To filter for specific transaction types in the report:

Open the debits and credits report.
Use the Entries filter to select a transaction type:
- All (default): Shows all transaction entries
- Corrections: Shows only adjustments made to closed accounting periods

Review corrections

Corrections are adjustments made to ledger entries in closed accounting periods. They appear in the current period but reference the original transaction period.

Corrections are created when you:

Import past transactions through data import
Change chart of accounts mappings or revenue rules
Update revenue settings

Stripe Revenue Recognition occasionally makes system updates that might also trigger a correction.

To apply corrections directly to their original periods instead of the current period, reopen those periods using accounting period control.

Corrections columns

When you view corrections, the report includes an Original accounting period column to let you trace corrections back to the period they affect:

Column	Description
Original accounting period	Accounting period of the original transaction being corrected

To reconcile your accounts accurately, use the debits and credits report with these other financial statements:

Trial balance: Verify that debits and credits balance for each account
Income statement: Understand how revenue and expense entries flow through
Balance sheet: Trace asset and liability entries

Download this report and others from the statements page.