Maintaining a general ledger helps you gauge a business's financial health and avoid accounting mistakes. Learn what a ...

Your company's cash flow is a basic measure of its financial health. While your business may have cash coming into and out of many accounts, your general ledger is the place where you assemble all ...

When it comes to tracking the finances of a business, a double-entry accounting system that uses both a general ledger and a general journal is usually the best method for tracking a company's overall ...

General ledger records each transaction both as a debit and a credit, ensuring balance. Understanding the general ledger aids in interpreting financial statements like balance sheets. Investors can ...