What Is General Ledger Coding? A Guide to Efficient Accounting

General Ledger (GL) Coding is a systematic approach that uses unique alphanumeric codes to classify and track financial transactions in an organization’s general ledger. These codes help businesses accurately record and categorize transactions into various ledger accounts such as revenues, expenses, assets, liabilities, or equity. Businesses can use GL codes to organize their accounting and […]

What Is General Ledger Coding? A Guide to Efficient Accounting Read More »