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How Journal Entries Are Posted to the General Ledger

YouTubeAccounting Stuff

How Journal Entries Are Posted to the General Ledger

Every transaction recorded by a business needs to find its way into the General Ledger. But how does that actually happen? In this video, I walk through a simple example using a fictional gym in Pewter City. You'll see how a business transaction is first recorded as a Journal Entry, how debits and credits affect different accounts, and how ...

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paid partnership with @Xero #ad If you've been meaning to get your business finances in order, this is your sign. The trap of being good at a lot of things is you think you have to do all of them yourself. I ran my business finances by hand way longer than I should have. moving everything to xero means my bank feeds, invoicing, and cash flow run on their own, and my accountant gets clean books instead of a mess. Special Xero offer: Visit the link in my bio for a special offer. Terms & Conditions

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