General Ledger

The General Ledger module is part of the Financial Core of the GRP.

It serves as the central repository for all transactions that have been entered in the GRP, whether they are expenses, revenues, purchasing accruals, or others. Every transaction entered is posted to the General Ledger, allowing to create periodic financial statements to see the financial status up to a given date. In addition, this module also serves as an adjustment mechanism, allowing to redistribute costs among accounts and to correct any posting errors.

 

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