The general ledger is a vast historical data archive of your company’s financial activities, including revenue, expenses, adjustments, account balances, and often much more. The detailed transactions ...

Excel has all of the tools needed to create and maintain a general ledger, but it requires a solid understanding of basic accounting and attention to detail. For business owners who do not have ...

The trial balance was also created at this time, which included the aggregate information from the company's general ledger. Subsidiary ledgers contain detailed information regarding business ...

You are not required to use any specific general ledger accounts. Rather, you select which accounts you need based on your business activities. General ledger accounts are divided into balance ...

Create a General Ledger in Excel from General Journal data Your email has been sent Many businesses keep a journal of their daily transactions, called the General Journal. The General Journal ...

Ledger Account details the type of transaction that is being posted to the general ledger. The ledger account will have four digits. Fund is a worktag used to classify the restriction of the funding ...