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General ledger
(redirected from General ledgers)

   Also found in: Wikipedia 0.01 sec.
General ledger
Accounting records that show all the financial statement accounts of a business.


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The finance group has largely an oversight role, she says, and--unlike a corporation with multiple divisions--the individual campuses don't do their own general ledgers but provide their revenue and expense numbers to the finance staff, which rolls them up and reports the numbers quarterly.
General ledgers, accounting journals, payroll and sales tax returns, bank statements and cancelled checks.
But XBRL is not limited to financial reporting: General Electric plans to use XBRL Creator from Enumerate Solutions to gather information from more than 150 distinct general ledgers to help prepare its 40,000-page federal tax return.
 
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