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 ...

What Are the Causes for Bank Reconciliations & a General Ledger Not Balancing?. To help reduce financial errors and prevent fraud, many businesses perform a monthly bank reconciliation, comparing ...

A general ledger is a record of all of a company's accounts and their associated transactions and balances. Revenue, expense and dividend accounts are temporary accounts because they hold a balance ...