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Central Ledger

By bijok_adam | Updated on May 24, 2020
The central or general ledger functions as a data register that holds track of the activities of the assets and liabilities of a corporation, sales, expenditures, shares of owners etc. This ledger would be the main database of conventional Enterprise Resource Management applications, containing data received from systems such as accounts payable, cash management, accounts receivable, programs and fixed assets.

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