Posting transactions in the general ledger is part of the accounting process. Journal entries are created first and then they have to post to the general ledger to affect reports. If you don't post ...

According to Survey of Accounting, accounting uses a double-entry system, which is shown as a T. The left side of the T has debits and the right side has credits. Journals use the double-entry ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. In the world of mergers and acquisitions, earnouts (also ...

Journals are created following the business rules and Chart of Accounts architecture for valid values to record and order financial information for management and reporting. Journals should contain ...