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general ledger general ledger gl in accounting is a collection of accounts used to summarize transactions that have been recorded in the journals ledgers can also be interpreted in the last stages of the accounting book of the final entry that holds a summary of data that has been grouped or classified derived from the journals how to write an accounting ledger with wikihow how to write an accounting ledger three parts ledger template recording expenses in journals writing account ledgers munity q&a keeping a ledger is one of the tenets of basic accounting ledgers allow the pany to quickly view all transactions in an account at once general ledger analysis – accounting periods this post talks about the general ledger which is the bination of the chart of accounts account balances and financial accounting periods the general general ledger a general ledger contains all the accounts for recording transactions relating to a pany s assets liabilities owners equity revenue and expenses in modern accounting software or erp the general ledger works as a central repository for accounting data transferred from all subledgers or modules like accounts payable accounts receivable cash management fixed assets purchasing and how to prepare general ledger to sub ledger reconciliation in this article we explain the process for the general ledger to sub ledger reconciliation we also provide an example for this reconciliation type to better understand the reconciliation process