2020, Close Processes and Correspondent

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2020

Close Processes

Correspondent

General Ledger (GL): Definition, Significance, Implementation

Nanonets

FEBRUARY 28, 2024

GL Coding General Ledger Codes, or GL Codes, are unique alphanumeric strings that classify and record financial transactions within a company’s general ledger into corresponding GL account. Each GL account is associated with corresponding GL code. 💡 Consider a small café that buys a new espresso machine for $1,000.

Automation

Automation Payment APIs and Integration Accounts Transactions

What are GL Codes and how to assign them effectively?

Nanonets

FEBRUARY 14, 2024

The result is a faster, more efficient close process that also saves up your time which can be better spent elsewhere. Here, you'll be able to view, add, edit, or delete accounts and their corresponding GL codes. This is typically found within the settings or system setup menu.

Transactions

Transactions Audit Accounts Automation

Payments Space

General Ledger (GL): Definition, Significance, Implementation

What are GL Codes and how to assign them effectively?

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