General Ledger Extended DefinitionThe general ledger serves as a place to record your business’s transactions. The general ledger includes a date, name, description, and balance for each account. The main accounts used in a general ledger are: ...
Use the General Ledger Setup window to specify the next journal entry number, indicate how account balances will appear in the General Ledger Account Maintenance and Transaction Entry windows, as well as other Microsoft Dynamics GP windows, and select the type of historical information to save. ...
“General ledger.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/general%20ledger. Accessed 24 Feb. 2025. Copy Citation Share Post the Definition of general ledger to Facebook Facebook Share the Definition of general ledger on Twitter Twitter Love...
A general ledger account (GL account) is a primary component of a general ledger. A GL account records all transactions for that account. The transactions are related to various accounting elements, including assets,liabilities,equity, revenues,expenses,gains, and losses. For example, cash andaccou...
How to Use Em Dashes (—), En Dashes (–) , and Hyphens (-) Absent Letters That Are Heard Anyway How to Use Accents and Diacritical Marks Popular in Wordplay See All 8 Words for Lesser-Known Musical Instruments It's a Scorcher! Words for the Summer Heat ...
Definition That part of the accounting system which contains the balance sheet and income statement accounts used for recording transactions. Related Q&A What is a general ledger account? What is the difference between entries in a general journal versus a general ledger? What is a general ledger?
LedgerAllocationEntity LedgerAllocationRuleDestinationEntity LedgerAllocationRuleEntity LedgerAllocationRuleSourceEntity LedgerAutomaticTransactionAccountEntity LedgerBalanceControlEntity LedgerBalanceSheetDefinitionEntity LedgerChartOfAccountsEntity LedgerConsolidateAccountGroupEntity LedgerConsolidateAccou...
General ledger definition A general ledger, or GL, is a means for keeping record of a company’s total financial accounts, and most businesses use general ledger software to manage the data. Accounts typically recorded in a GL include: assets, liabilities, equity, expenses, and income or ...
Use the General Ledger Setup window to specify the next journal entry number, indicate how account balances will appear in the General Ledger Account Maintenance and Transaction Entry windows, as well as other Microsoft Dynamics GP windows, and select the type of historical information to save. ...
Define Generalledger. Generalledger synonyms, Generalledger pronunciation, Generalledger translation, English dictionary definition of Generalledger. Noun 1. general ledger - the ledger that contains all of the financial accounts of a business; contains