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March 9, 2007, Newsletter Issue #55: Using a General Ledger
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Tip of the Week
A general ledger is the location of all accounting transactions. They are received, summarized, adjusted, and balanced in this format.
Some business accounting software advice: all business accounting software should include a general ledger to ensure that you can keep on top of your finances.
The general ledger that is included should be easy to use, and convert information from current accounting charts. You should be able to create new accounting structures as well. You'll have a chart of your accounts at your finger tips in no time.
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