Some of the main accounting items tracked in a general ledger include assets, liabilities, capital, revenues, and expenses. The general ledger will summarize the organization's financial accounts which accounts payable and accounts receivable. General ledger functionality is also found as a primary function in accounting systems. This financial information becomes critical to your business decision-making. A general ledger is the core of your accounting ledger, as all entries from other applications flow into the general ledger. General ledger software provides a complete record of the financial management of a business, including the transactional records and the account structure used to organize these entries into meaningful financial information.
0 kommentar(er)
