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QLICK Accounts DB General ledger

A General Ledger (GL) is a crucial component of the accounting system used by businesses to record and summarize financial transactions. It’s a master record that contains all the accounts necessary to reflect the financial activities of the company. Accounts Database houses the Chart of Accounts and relevant financial information, while the General Ledger is the principal accounting record that summarizes and organizes all financial transactions, serving as the foundation for financial reporting and analysis within an organization