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General Ledger

A General Ledger is a complete record of financial transactions over the life of a company. The ledger holds account information that is needed to prepare financial statements, and includes accounts for assets, liabilities, owners' equity, revenues and expenses.
 
Use this field to sort and store balance sheet and income statement transactions. Examples of general ledger accounts include the asset accounts such as Cash, Accounts Receivable, Inventory, Investments, Land, and Equipment. Examples of the general ledger liability accounts include Notes Payable, Accounts Payable, Accrued Expenses Payable, and Customer Deposits. Examples of income statement accounts found in the general ledger include Sales, Service Fee Revenues, Salaries Expense, Rent Expense, Advertising Expense, Interest Expense, and Loss on Disposal of Assets.
 
 
A listing of a your company's general ledger accounts is found in: Setup > Chart of Accounts.
 

 
Command Button Actions:
 to change information entered by including the most recent information
 publish, report and/or divulge your entry
 to save and link record on to the fields: System > Recurring Transactions
 opens a new page to enter a new record for the same assemblies with a new number