Maintaining a general ledger helps you gauge a business's financial health and avoid accounting mistakes. Learn what a ...

The general ledger is the heart of a business's accounting records. The general ledger contains records for each account in the company's chart of accounts, and the general ledger accounts are usually ...

The post reference, or PR, column is one of the chief ways to ensure that your books remain accurate and complete. In accounting, to "post" a transaction means to record it in the journal and/or the ...

How Ledgers and Journals Are Used in Accounting Get an overview of these fundamental bookkeeping tools. Ledgers and journals are the foundational tools used in the bookkeeping process. A ledger is a ...

The accounting cycle tracks a transaction until it’s added to your company’s financial statement. Follow this eight-step ...

Brian Beers is a digital editor, writer, Emmy-nominated producer, and content expert with 15+ years of experience writing about corporate finance & accounting, fundamental analysis, and investing.

An accounting ledger of a business that shows its expenses, transaction history, and amounts owed to each supplier. The ledger extends credit from a supplier and gives the business time to pay for the ...

With this launch, Digits welcomes industry veteran Craig Walker, Co-founder and former CTO of Xero, to its leadership team. “Digits has fully harnessed the power of AI. The categorization is magical.