General Ledger
Balance Sheets
Capital Statements
Chart of Accounts
Income Statements
Profit Loss Statements
Trial Balances
Budgeting
Journal Entry
General Ledger / Job Costing Interface.
Definition of General Ledger
A financial statements that summarize all of a company's financial transactions, through off setting debit and credit accounts.
By viewing such reports as Balance Sheets, Profit and Loss Statements and Trial Balances one can see the what is being spent vs. what is being made on different
jobs for either construction or manufacturing. In General, General Ledger has more generalized reports than Job Costing. In other words, General
Ledger displays overall debits and credits while Job Costing modules display more detailed information such as project expenses on all different aspects of
the constructions or manufacturing jobs.