Some transactions that impact General Ledger

General Ledger is a core accounting process that automate accounting processes and provides a flexible structure that adapts to the needs of any organization. The GL impact refers to the transactions that are posted to the general ledger account. Some of the transactions that impact the GL are listed below:

  1. Item Fulfillment
  2. Invoice
  3. Cash Sale
  4. Customer Deposit
  5. Credit Memo
  6. Item Receipt
  7. Vendor Bill
  8. vendor Prepayment
  9. Bill credit
  10. Deposit
  11. Work Order with built status
  12. Inventory Transfer
  13. Journal Entry

Leave a comment

Your email address will not be published. Required fields are marked *