General Ledger is a modest attempt to create an open source personal finance manager for windows, using DHTML , ActiveX and the HTML Application infrastructure.
A book of final entry summarizing all of a companys financial transactions, through offsetting debit and credit accounts.
A book, file, or other device which contains the accounts needed to reflect, in summary and in detail, the financial position and the results of financial operations of the governmental unit. Note. In double entry bookkeeping, the debits and credits in the general ledger are equal, and therefore the debit balances equal the credit balances.
The general ledger is the core of a company's financial records. These constitute the central "books" of the system, and every transaction flows through the general ledger. These records remain as a permanent track of the history of all financial transactions since day one of the life of the company.
A record of all transactions in double-entry bookkeeping format. When securities are bought in cash, TaraFolioTM debits securities and credits cash. When securities are sold, the opposite is true. These records are used to create the Income Statement, Balance Sheet, and Statement of Cash Flows for each portfolio account.
The Brandeis general ledger (G/L) is the collection of accounting records that shows all the University's financial statement accounts.
The book or file that contains all or groups of the company's accounts, arranged in the order of the chart of accounts.
The University's accounting system that records and reports accounting activity according to Generally Accepted Accounting Principles.
The account s of a business kept together eith in electronic form or manually in a bound book or loose-leaf cards.
The result of recording the summary of financial information from journals (books of original entry). The individual account balances from which financial statements are prepared. Examples of general ledger accounts: cash in bank, furniture and equipment, bank loan, and owner's equity. Figures on financial statements can be traced to a ledger account and from there to a journal and finally to the original documents.
That part of the accounting system which contains the balance sheet and income statement accounts used for recording transactions. To Top
A balance sheet account for the institution. All GL account numbers begin with "0" (zero).
The General Ledger of the BC is the official record of the College's budgeting and financial transactions. The General Ledger includes budget transactions, revenue and expense transactions, encumbrances, assets, liabilities and fund balances.
In FRS, a six digit account beginning with a zero that contains balance sheet information and summaries of fund addition, fund deductions, and SL revenues, expenditures, encumbrances, and budgets. Each SL maps to a General Ledger (GL) account. The initial zero of the General Ledger account is sometimes dropped, leaving a 5 digit account, sometimes called a map code.
The GL is the system of record for NIST that manually captures financial data at a summary level.
Ledger for accounts of items in balance sheet and income statement. Posted from journals. Arithmetic checked by trial balance. Source of data for accounting reports. Debtor and creditor accounts normally kept seperately in sales and purchases ledgers.
A ledger containing the accounts in which are recorded, in detail or in summary, all transactions of the state. Refer to CONTROL ACCOUNT and SUBSIDIARY ACCOUNTS.
A record containing the accounts needed to reflect the financial position and the results of operations of a government.
the ledger that contains all of the financial accounts of a business; contains offsetting debit and credit accounts (including control accounts)
a loose-leaf record of all accounts, providing information on all money coming into the club (Credits) and all the money paid out (Debits)
an annual summary of activity by account
a perpetual record of the activity and balances of the accounts
a summary of all business journals
The university's on-line financial accounting system.
The primary ledger, when used in conjunction with subsidiary ledgers, that contains all the balance sheet and income statement accounts.
A general ledger would contain all of the accounts needed to prepare any financial statements (accounts contained here would include any owner, assets, vendors, revenue and expense accounts).
A module in Oracle Financials that represents the book of records for all financial transactions from all the sub-ledgers (AP, AR, FA, PO). Procurement
A record of all account entries.
One of the integrated applications which enables global data management by dramatically enhancing financial controls, data collection, information access, and financial reporting throughout the College. The design provides an extremely versatile chart of accounts and accounting calendar and recognizes the need for custom data capture and user interface adaptability.
Once upon a time, accounting systems were kept in a book that listed the increases and decreases in all the accounts of the company. That book was called the general ledger. Today, you probably have a computerized accounting system. Still, the general ledger is a collection of all balance sheets and income statement accounts - all the assets, liabilities and equity. It is the report that shows all the activity in the company. Often this listing is called a detail trial balance on the report menu of your accounting program.
Refers to accounts of a business and is divided into two sections : balance sheet section, and nominal section.
A ledger that holds all the nominal accounts of a business.
A record of the summarized transactions from all other accounting journals. The balances in this ledger are summarized and grouped to prepare the financial statements. This ledger contains the complete financial history of the association.
The permanent record (either paper or electronic) of an entity's financial transactions organized by account number. Typically, it provides beginning and ending balances in each account by accounting period and may contain financial transactions in either summary or detail form. At UCSC, the Financial Information System (FIS) aka Banner, is the campus General Ledger.
A complete list of all the transactions recorded in all the Account Codes. This is the central register for Double Entry Book-Keeping systems (e.g. as used by most Accounting Software). Also known as the Nominal Ledger.
The central system that acts as a giant accounting book for the university. Eventually all RF projects will feed into G/L. Currently, purchasing, receivables, invoicing, etc. work off G/L system.
Ledger in which all the assets, liabilities, equity, revenue and expenses are posted and from which financial statements are prepared.
Accountint records that show all the financial statement accounts of a business.
The collection of accounts that accumulates the amounts reported in the major financial statements.
The listing of entries for all accounts that appear on a company's financial reports.
See Nominal Ledger .
A book, file, diskette, magnetic tape, or other device containing all of a company's accounts.
The General Ledger is the master record of all the balance sheet and income statement account balances used by each Component. Simply put, it is the collection of all Asset, Liability, Equity, Revenue, and expense accounts.
A book, file, or other device that contains the accounts needed to reflect the financial position and the results of operations of an entity. In double entry book- keeping, the debits and credits in the general ledger are equal.
A ledger containing all the transactions in the debit and credit accounts of a business.
a collection of individual account records described by a chart of accounts summarizing the money amounts of all accounting events and adjustments for a specified period of time usually defined as any consecutive 12 month or 52 week period. See Book of Final Entry.
A record to which monetary transactions are posted (in the form of debits and credits) from a journal. It is the final record from which financial statements are prepared. General ledger accounts are often control accounts that report totals of details included in subsidiary ledgers.
A ledger containing accounts in which all transactions of a business enterprise are classified in detail or in summary form.
A ledger comprising all asset, liability, proprietorship, revenue, and expense accounts, in the form of detailed, summary, or controlling accounts or a mixture of these.
A general ledger is the collection of all balance sheet, income, and expense accounts used to keep the accounting records of a business.
The master record of all the balance sheet and income statement account balances. Gross profit: The amount of net sales minus the amount of cost of sales
The general ledger (Ledger 0) identifies the assets, liabilities and fund balance position of the operation.
The set of books against which assets, liabilities and fund balances are recorded. The General Ledger is the basis for the University's annual Balance Sheet.
The record containing the summarization of all transactions of a business.
Formal ledger that includes all the financial statement accounts of a business. It contains offsetting debit and credit accounts. See: Financial Statement
A company's accounting records. This formal ledger contains all the financial accounts and statements of a business.
Lists all financial accounts, including debits, credits, and balances.
The FMS module that acts as BGSU's central financial center which contains accounting, budgeting, financial analysis, and reporting features.
The general ledger, sometimes known as the nominal ledger, is the main accounting record of a business which uses double-entry bookkeeping. It will usually include accounts for such items as current assets, fixed assets, liabilities, revenue and expense items, gains and losses.