A General Ledger helps your business by providing a complete record of all financial transactions, ensuring accuracy and consistency in financial reporting. It categorizes transactions into assets, liabilities, equity, income, and expenses, aiding in financial analysis and decision-making. The General Ledger also simplifies account reconciliation, supports regulatory compliance, and forms the basis for generating key financial statements, helping you manage your business finances more effectively.
How does a General Ledger help my business? Print
Modified on: Fri, 27 Sep, 2024 at 12:43 PM
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