A general ledger is the complete record of a company's financial transactions over a period, used to document value changes in assets, liabilities, equity, expenses, and revenue. A general ledger ...

To separately account for the receipt and use of a grant sponsor's award. For accounting activity managed in the Oracle General Ledger, the Balancing segment of a GL income statement account string ...

A journal is a detailed running record of all of a business's financial transactions. It is used to reconcile accounts and is transferred to other accounting records, such as the general ledger.