Assertion: general ledger | /r/HasProperty | essential
Facets:
value: for financial reporting
type: PURPOSE
value: for accurate accounting
type: PURPOSE
Source sentences:
text: Whether you still record accounting transactions using a spreadsheet application, or you’re using accounting software, the general ledger is essential for accurate accounting, providing a detailed list of all of your financial transactions in one location.
text: General ledger is essential for financial reporting, and often means close liaison with departments and individuals from across an organisation.