A general ledger is a bookkeeping ledger in which accounting data are posted from journals and aggregated from subledgers. such as accounts payable, accounts receivable etc. The general ledger tracks prominent accounting items: assets, liabilities, revenues, and expenses.
Cash management
Fixed assets
Purchasing
Project
General ledgers are used in tracking the detailed view of the financial performance of the company
financial performance
cash flow
Profitability
Liquidity
Account
Transaction
Customer
Debit/credit
Accounting history helps to view the history of financial transactions of specified vendor, customer etc. By selecting the accounts type, it shows the history of only selected account.