General Ledger, Accounts Receivable and Accounts Payable Software

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  • Best practices to increase the agility of your finance organization

    Today’s finance organizations must be more agile than ever to respond to constantly shifting business environments and opportunities. This means being able to sense and respond to changing business drivers—and reallocate resources quickly. Read this ...  E-Book

  • AR-to-GL reconciliation

    AR-to-GL (accounts-receivable-to-general-ledger) reconciliation is a process commonly used to balance accounts in bookkeeping, particularly within an Oracle relational database.   Definition

  • BAI2 file format

    BAI2 file format is a specialized and standardized set of codes used for cash management by the Bank Administration Institute (BAI).  Definition

  • SQL-ledger

    SQL-Ledger (SL) is a Web-based open source double-entry accounting system that is used primarily in the retail and manufacturing sectors.  Definition

  • ghost asset

    A ghost asset is a fixed asset in a general ledger (GL) that cannot be accounted for because it is physically missing or otherwise rendered unusable.    Definition

  • general ledger (GL)

    A general ledger (GL) is a chronological accounting record a business uses to keep track of financial transactions.  Definition

  • financial application

    A financial application is a software program that facilitates the management of business processes that deal with money.   Definition

  • e-invoicing

    E-invoicing (or electronic invoicing) is the delivery of bills and related information by an enterprise to its clients using electronic communications, usually the Internet.  Definition

  • chart of accounts (COA)

    A chart of accounts (COA) is a financial organizational tool that provides a complete listing of every account in an accounting system.  Definition

  • BIC (bank identifier code)

    A bank identifier code (BIC) is a unique identifier for a specific financial institution.  Definition

  • asset liability management

    Asset liability management (ALM) is the administration of policies and procedures that address financial risks associated with changing interest rates, foreign exchange rates and other factors that can affect a company’s liquidity.  Definition

  • See more Definitions on General Ledger, Accounts Receivable and Accounts Payable Software
About General Ledger, Accounts Receivable and Accounts Payable Software

Learn about using the general ledger (GL) and the GL account for financial accounting. Get information on accounts payable (AP) and accounts receivable (AR) functions and features such as bookkeeping, chart of accounts, and sales ledgers. Review tips for using enterprise, midmarket or small business accounting software as well as billing software and invoice software. Read resources from industry experts, covering technology topics from general ledger to invoice management to credit management. Find out more about implementing a payment processing system and get advice on how to manage receivables.

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