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Introduction

General Ledger is a book containing all the accounts for recording transactions relating to a company's assets, liabilities, owners' equity, revenue, and expenses. In modern accounting Software’s or ERP, the general ledger works as a central repository for accounting data transferred from all sub ledgers or modules like accounts payable, accounts receivable, cash management, fixed assets, purchasing and projects.

The general ledger is the backbone of any accounting system which holds financial and non-financial data for an organization. IBSOL service related to General Accounting service is one of its fastest growing service offering.

The general accounting services includes : -

GAAP/IFRS compliant accounting & Bookkeeping
Inventory Accounting
Fixed Assets Accounting
Vendor Payment
Employee Expense Reimbursement
Customer Invoicing & Collection
Payroll Reconciliations
Month End/ Period Closing
Management Reporting
Cash Flow Statement & Forecasting
Audit Support
Consolidation of Financial Statements
Virtual CFO Services

The general accounting services includes : -

GAAP/IFRS compliant accounting & Bookkeeping
Inventory Accounting
Fixed Assets Accounting
Vendor Payment
Employee Expense Reimbursement
Customer Invoicing & Collection
Payroll Reconciliations
Month End/ Period Closing
Management Reporting
Cash Flow Statement & Forecasting
Audit Support
Consolidation of Financial Statements
Virtual CFO Services