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- DictionaryGen·er·al ledg·er
noun
- 1. the main accounting record of a company or organization: "management accountants felt pressure to integrate cost accounts with the general ledger"
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noun
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Central repository for accounting data
In bookkeeping, a general ledger is a bookkeeping ledger in which accounting data are posted from journals and aggregated from subledgers, such as accounts payable, accounts receivable, cash management, fixed assets, purchasing and projects. A general ledger may be maintained on paper, on a computer, or in the cloud. A ledger account is created for each account in the chart of accounts for an orga... Wikipedia