General Ledger (G/L) Libro Mayor
| Creator: | |
| Language pair: | English to Spanish |
| Definition / notes: | The details contained in the General Ledger (G/L) will be of interest to financial administrators involved in balance sheet issues, as it contains all assets, liabilities and fund balance transactions. For example, a unit performing its own billing of clients may require an analysis of the accounts receivable of their fund. It is important for these users to understand the structure of the transaction postings in order to properly interpret on-line queries and reports. |
| URL: | http://www.mcgill.ca/accounting/handbook/ledgers/ |
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