The General Ledger in Peachtree, for example, enables a company to track cash flow, accounts, budget amounts and other valuable data. Professionals can further improve reports by using ...

In Sage 50 Accounting, formerly known as Peachtree Accounting or ... Select "Tasks," and the click "General Journal Entry." Select the general ledger account you need to adjust, type a description ...

Cons: Peachtree Premium Accounting adds a few ... and reports required to maintain a general ledger, accounts receivable and payable, inventory and time billing, job costing, and fixed assets.

andresr / Getty Images When it comes to tracking the finances of a business, a double-entry accounting system that uses both a general ledger and a general journal is usually the best method for ...

The general ledger is the record of the two sides of each transaction. If a company sells a product, its revenue and cash increase by an equal amount. When a company borrows funds from a creditor ...