The company ledger

Accounting › Company ledger.

The company ledger is the legal entity’s complete set of books. Everything posted by any of its brands is recorded here, and each posting keeps its brand as a reporting detail. Owners, admins and accountants can use it.

The overview brings together the checks that tell you your books are in good order:

• Ledger integrity checks: that entries balance and are consistent
• Bank reconciliation as of a date you choose: the ledger balance against your statement
• Stripe reconciliation, if Stripe is connected
• Period lock: close the books up to a date. See Closing a period
• Review legacy account mappings: for books brought across from older set-ups

If the checks find a problem, the financial statements warn you not to rely on them yet, so you can fix it first.

The company ledger has tabs for Reconcile, Bank rules, Bank accounts & import, Director loans and Journal, the same screens you reach from the Banking and Accounting menus.

Trial balance, profit and loss, balance sheet and cash flow are in Reports.