General Accounting
General accounting essentially refers to general ledger collection and accounting activities that include account charges in credits and debits and documenting financial statements for a quarter, calendar or fiscal year.
- Manual JE
- Accruals
- Prepayments
- Bank statement processing
- Bank account Recon
- Payroll posting & recon
- Inventory mgmt
- Inter‐company postings
- Fixed Assets accounting
Strategy
Analytics
Result
General accounting, much like its name suggests, deals with the collection and ledger of general account activity including debits and credits (i.e., account charges) as well as how financial statements are documented for the fiscal or calendar year.