Account reconciliation made simple: what it is, how it works, and the types you need to know to close your books confidently.

The general ledger for a company follows a different organizational structure than a cashbook. A ledger separates a company's finances into different accounts such as revenue, expenses, assets ...

It provides better decision-making: When the books are in order, you have an accurate account of your business’s health. This allows you to make better decisions about operations and growth.

The general ledger is where a company keeps all of its accounts. Within the general ledger, separate accounts record debits, ... All sales must be properly recorded to the company's books. Getty.

Next up in our series looking at open-source business applications is SQL-Ledger. This software package, written in the Perl scripting language, is a double-entry accounting system aimed at small ...