and it is important to have a solid understanding of this concept before beginning to use Excel as a general ledger. Double entry bookkeeping relies on entering both debits and credits for a ...

To simplify this process, use Microsoft Excel's ledger templates ... To put your ledger to work for you year after year, turn it into a template. Once you've entered all of the G/L codes and ...

Double-entry bookkeeping is the concept that every accounting transaction impacts a company’s finances in two ways. The general ledger is the record of the two sides of each transaction.