When you’ve quite a headache on running a business and ensuring error-free financial transaction record, that’s is the time you are in need of a fine quality general ledger system. Typically referred as an accounting system, general ledger of your business is a chronological record of accounting data that keeps data of each financial transaction. Those transactions are categorized as well as summarized into a general ledger accounting system. If you search for the definition of the accounting system, it’s a total business management software actually, which facilitates in managing company’s dealer, retailer, distributor, whole-seller, FMCG distributor, manufacturers, entire inventory system with a straightforward method. On that note, the accounting ledger, developed by the skills professionals at Arobil Ltd., is able to proffer an extensive range of solutions like tracking the details of sales, sale return, purchase, purchase return and recording all the costs or income through cash entry and bank.

The importance of a robust company accounting system is unimaginable. In a word, an accounting ledger offer automated report on company work, operation, execution, report, calculation etc. The importance of its role is why many businesses spend time on a comparison between Xero and Quickbooks, and other available systems, to make sure they’ve got the best fit for their purposes. Most importantly, a general ledger or small business accounting systems offers facilities like integrated accounting with dynamic chart of account creation, cost center create and cost management, individual company and group account, debit /credit/journal voucher positing with approval facility, details voucher statement and periodic account statement, unlimited user creation with any time password change and many more. If you were confused before or not clear about the whole fundamentality of an accounting ledger, hope you have got the clear picture now.