Expense Accounting General Ledger
Expense Accounting General Ledger refers to the detailed record-keeping of all financial transactions related to company expenses. This includes tracking costs such as salaries, utilities, office supplies, travel expenses, and any other expenditures incurred by the organization. The general ledger serves as a central repository for all expense transactions, providing a comprehensive overview of the company's financial health and spending patterns. It helps management make informed decisions, monitor budget adherence, and ensure accurate financial reporting.
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