General ledger

Also found in: Dictionary, Thesaurus, Legal, Acronyms, Encyclopedia, Wikipedia.
Related to General ledger: trial balance

General ledger

Accounting records that show all the financial statement accounts of a business.

General Ledger

A record of all of a company's financial statements. It contains two columns: one for credits and one for debits. See also: Balance sheet.
References in periodicals archive ?
If such a conclusion is not reasonable based on a review, the account should be timely reconciled so the company can incorporate identified general ledger adjustments into its earnings release.
Although many companies have a common chart of accounts for consolidated financial reporting purposes, determining the specific book income/loss that relates to the line item categories required on the proposed form would require analysis at the transaction level using the underlying general ledger transaction system.
The CrossTie General Ledger solution accesses data from the DataYard data warehouse, summarises all detailed transactions mapped to the established chart of accounts and produces monthly uploads to a range of enterprise-level general ledger platforms such as PeopleSoft, SAP, SAGE and QuickBooks.
The parent company then must either incorporate each additional account code into its own general ledger for consolidation purposes or develop a complicated consolidation table to convert each subsidiary's accounts.
Modules include Registration/ADT, Waiting List, Billing/Accounts Receivable, Acute Care Billing, Physicians Billing, Home Healthcare Billing, Outpatient Billing, Adult Day Car Billing, DME Billing, Trust Fund Accounting, Payroll, Human Resources, Accounts Payable, General Ledger, G/L PC Analysis/Graphics, Daily Charting/Forms Tool, RUGs, MDS 2.
Create a database table and map (assign or cross-reference) each general ledger account to the appropriate XBRL taxonomy element.
Specifically, we believe the IRS should eliminate the reconciliation of the taxpayer's detailed general ledger to specific line items on the tax return.
The general ledger system is Dun & Bradstreet Millennium running on an IBM mainframe.
sees clear benefits from the technology, "Manual preparation of SEC filings can be automated through simple tagging through the general ledger," he says.
Most companies lump M&E expenses in one type of general ledger account.

Full browser ?