Maintaining an Accurate General Ledger

Maintaining an Accurate General Ledger

A general ledger is a detailed list of transactions that is the basis of your company's financial records. Every transaction of a small business is recorded in the general ledger. An error in your general ledger will affect any report created from it, including the income statement and balance sheet. A proper review your general ledger on a periodic basis allows us to locate and correct errors and ensure accurate financial reporting.