A general ledger represents the record-keeping system for a company’s financial data, with debit and credit account records validated by a trial balance. It provides a record of each financial ...

GL account: The organizational structure of a general ledger. Each account represents a different type of financial transaction (e.g., assets, revenue or equity). GL sub-account or sub-ledger ...

QuickBooks accounting software takes much of the mystery out of managing your company's financial data ... Both the General Ledger and Transaction Detail by Account reports provide you with ...

The general ledger gets verified through a trial balance or the process of ensuring that each account balances out so that the final numbers in the financial statements are correct. A general ...

Staying on top of your bookkeeping is important so that you don’t have unexpected realizations about account balances and expenses. Forbes Advisor has put together this guide to help you ...