The general ledger in ERP is the main system that records and organises all financial transactions within a business. It brings together information from different parts of the business, like sales, purchasing, payroll, and inventory, into one financial system. This makes sure that everything is accurate, and that reports can be produced immediately. It also makes sure that the company’s financial position can be checked at any time. It’s like the foundation for important financial reports like the balance sheet and income statement.
