Accounting Software & Systems › ERP Systems (SAP/Oracle)
What is the role of the General Ledger module in an ERP?
IntermediateAnswer
It is the central book of record where all sub-ledgers (AP, AR, assets, inventory) post, and from which the financial statements are produced.
AP, AR, Fixed Assets sub-ledgers -> post to GL -> Financial StatementsReal-world example Every module ultimately reconciles to the ERP general ledger.