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 ...

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

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.

A general ledger is a book or file that bookkeepers use to record all relevant accounts. The general ledger tracks five prominent accounting items: assets, liabilities, owner’s capital, revenues ...

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 ...