Accounting Glossary

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L

Ledger Report: Overview

All transactions must be posted to a ledger account in financial terms.

A Ledger account is a financial book (or record) for collecting historical transaction data from a journal and organizing entries by account.

Ledger account is summarized in types, for example:

  • Income Ledgers.
  • Expense Ledgers.
  • Current and Fix Asset Ledgers.
  • Liabilities Ledgers.
  • Sundry Ledgers.
  • Capital and Long-term ledgers.

The ledger report is a report of all the accounts of your business and is primarily used for monitoring the financial activity of your business. It details all business account and account activity during a period.

The ledger report contains the account summaries, including details of every transaction going in and out of your accounts. It is organized not only by date but also by account type.

Web App:

Shortcut: N/A

Roadmap: N/A

User manual link: N/A


Desktop App:

Shortcut: N/A

Roadmap: Mod Financial Reports > S Financial Reports > M Ledgers > SM Ledger Report >  S Current profile:  Print ledgers > Choose correct ledger > B New / Edit / Delete / Print direct / Print to grid > Choose correct period and year > S Print Ledgers - S Ledger report

User manual link: Ledger Report: Overview