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What are GL Codes and how to assign them effectively?

Nanonets

💡 The General Ledger Explained : At the heart of a company’s financial record-keeping lies the General Ledger (GL) – a comprehensive repository that records every financial transaction conducted by the business. This process is at the core of maintaining an organized and efficient accounting system.

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General Ledger (GL): Definition, Significance, Implementation

Nanonets

Take a look at the below resources to compare the best General Ledger Software in the market right now - For Small and Medium Businesses: The Best Accounting Software for Small Businesses in 2024. Automate your General Ledger The general ledger is the backbone of your company's financial records.