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Why General Ledgers Matter to Businesses

Remote Quality Bookkeeping

But the health of your now-thriving business depends on understanding its financial situation. That’s where a general ledger comes in. It’s the bedrock of any thorough business accounting system and a powerful tool for ensuring your finances stay on track. What is a General Ledger?

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What Is a Chart of Accounts, And Why Does it Matter?

Remote Quality Bookkeeping

It is a list of all the accounts used in a business’s general ledger in one place. Companies use their chart of accounts (COA) to organize financial records and show shareholders how the business brings in and spends money. We can also help with other business finances, such as payroll.

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Controller's Code: The Secret Formula to a Successful Career in Finance

Cloud Accounting Podcast

We're still booking demos, closing business; so, things are going well. Then, to the right of that number, you're gonna type in either TB or GL, for trial balance or for general ledger. It's actually like the highest activity we've ever had in sales. They'll look for the $25 million in the Excel workbook.