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In this video you'll find out what the General Ledger means in Accounting. You'll see how ledgers were used in the past and how they have evolved over time. I'll take you through two example transactions and show you how to post them to the General Ledger in two different ways, using Manual Journal Entries and Automatic Journal Entries with Subledgers.

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⏱️TIMESTAMPS
00:00 - Intro
00:08 - General Ledger Definition
00:25 - History of General Ledger
01:19 - Ledger Definition (Old)
01:28 - Types of Ledger (General Ledger vs Subledger)
02:04 - Ledger Definition (New)
02:13 - General Ledger Definition (New)
02:22 - Channel Memberships
02:43 - EXAMPLE 1: MANUAL JOURNAL ENTRIES
05:46 - EXAMPLE 2: AUTOMATIC JOURNAL ENTRIES & SUBLEDGERS
09:03 - Outro

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