Maintaining a general ledger helps you gauge a business's financial health and avoid accounting mistakes. Learn what a ...
The general ledger is a vast historical data archive of your company’s financial activities, including revenue, expenses, adjustments, account balances, and often much more. The detailed transactions ...
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Accounting cycle 101

The accounting cycle tracks a transaction until it’s added to your company’s financial statement. Follow this eight-step ...
How Ledgers and Journals Are Used in Accounting Get an overview of these fundamental bookkeeping tools. Ledgers and journals are the foundational tools used in the bookkeeping process. A ledger is a ...
Account reconciliation is a critical process in financial accounting where internal records are compared with external documents to ensure consistency and accuracy. It helps verify that all ...