A General Ledger - or a "GL" - is a system of keeping records to maintain financial information of the organization and document each financial operation performed in the ordinary course of business. It contains account details you can use to prepare financial statements and reports - the data is divided into files for revenues, expenses, assets, liabilities, and equity. Its purpose is to help the business owner to keep track of the financial condition of the company.
You can download a General Ledger template through the link below. With a properly composed ledger, you will be able to see all operations at once and analyze them in their entirety.
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