General ledger accounts encompass transaction data needed to produce an income statement, balance sheet, and other financial reports. General ledger transactions summarize transactions made as ...

For accounting activity managed in the Oracle General Ledger, the Balancing segment of a GL income statement account string indicates the balance sheet to which that account string is related. For a ...

is a financial statement distributed to other departments, investors, and lenders. The trial balance provides financial information at the account level, such as general ledger accounts ...