General Ledger

General Ledger

The general ledger is the core of your company's financial records. These records constitute the central "books" of your system. Since every transaction flows through the general ledger, a problem with your general ledger throws off all your books.
What the General Ledger is

- The control source for consolidation
- The control source for subsidiary ledger information
- The source for financial statements
- Balance Sheet, P&L, Trial Balance
- A reflection of the financial organization structure of the business

What the General Ledger is not

- An analytical tool
- A repository for information that is not being captured elsewhere
- The only place to capture data that supports analysis of profitability
Having us review your general ledger system each month allows us to hunt down any discrepancies such as double billings or any unrecorded payments. Then we'll fix the discrepancies so your books are always accurate and kept in tip top shape.
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