Blank General Ledger Template

General ledger sheet template the general ledger sometimes divided into the nominal ledger for income and expenses and the private ledger for assets and liabilities is one of the subsidiary ledgers for recording transactions in the double entry accounting system.

Blank general ledger template. A general ledger template is an account or record used to sort and store balance sheet and income statement transactions. Any organization or individual that is engaged in doing business operations cannot deny the importance of accounting and finance in its successful running. A general ledger is an important ledger of an office. It features four tabs including ytd budget summary and monthly expenses summary.

For the systematic and smooth running of a business entity these functions are or utmost importance. An accounting ledger for keeping track of expenses and managing the budget. A free general ledger template is available here. Any transactions both receipts and payments are written then and there as and when a particular dealing is done.

This is maintained by the accountant or by an employee working under the finance and accounts department. It will contain accounts of different financial terms like current assets fixed assets liabilities revenues expenses profits as well as losses. Excel general ledger is known as a handy accounting tool and a key example of an extremely helpful ms excel accounting template that lets you to keep accounting record on finger tips. Generally it is the main accounting record of a company or organization.

A general ledger prepared in ms excel on personal computer provides you spic and span record of all accounting entries and transactions whether you are running a large business or a company with few employees.