General Ledger 0.0 / 5 ? AccountingUses of the General LedgerASAQA Created by: KatyX97Created on: 04-04-15 14:51 Uses of the General Ledger Provides a subsidiary book for non-regular transactions Eliminates need for remembering why non-regular transactions were put through the accounts Reduces the risk of fraud- is difficult for unauthorised transactions to be entered into the system Reduces the risk of errors- lists all the transactions to be entered into the system Ensures entries can be traced back to a source document- an audit trail for non-regular transactions 1 of 1
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