Whether you deal with paperwork daily or only from time to time need them, DocHub is here to help you make the most of your document-based tasks. This tool can link cross in General Bill of Sale, facilitate user collaboration and generate fillable forms and legally-binding eSignatures. And even better, every record is kept safe with the top protection requirements.
With DocHub, you can access these features from any location and using any platform.
What is a general ledger? The general ledger is the backbone of any accounting system which holds financial data for an organization. Until the 1970s and 1980s, recording entries manually in big ledger books, was the way to go! You would have separate subledger books, such as payroll, cash, inventory, receivables, and many others depending on the type of company. From each of these subledger books, summary amounts would be transferred manually into a central place called the general ledger. As you can imagine, due to the manual nature of the process, this process is prone to errors like writing 51 instead of 15. Todays enterprise resource planning systems are a lot less manual, and the closing cycle tends to be a lot faster, but the general idea of subledgers and general ledger is still the same. For example, in an ERP system like SAP, original documents are registered in the accounts receivable subledger by customer account, and in the accounts payable subledger by vendor account. Th
