A business ledger is a financial document that records all of a company’s financial transactions. It is used to track income, expenses, assets, and liabilities. A business ledger can be kept manually or electronically. Regardless of the method used, it is important to keep an accurate and up-to-date ledger to ensure that the company’s financial information is accurate and reliable.
There are many benefits to keeping a business ledger. Some of the most important benefits include: