In China, the general ledger account is formulated by () and consists of ().

In China, the general ledger is a unified accounting system formulated by the Ministry of Finance, which consists of (assets) (liabilities) (owners' equity).

Analysis: the general ledger account is the general classification of the specific content of the accounting object, also known as the first-level account, which is the basis for setting the general ledger account. Such as fixed assets, raw materials, accounts payable, taxes payable and paid-in capital. According to China's current accounting standards, the general classification subjects are generally formulated by the Ministry of Finance.

use

General ledger is the core of financial system software. After the voucher is generated, all business data are collected in the general ledger system for processing, and the general ledger system can also prepare vouchers for daily business such as collection, payment and reimbursement. All financial processing, from account establishment, daily business, account book inquiry to month-end closing, is realized in the general ledger system.

The external form of general ledger should generally adopt customized account books. In order to protect the security and integrity of general ledger records, the general ledger should generally adopt a customized version. In units that implement computerized accounting, the general ledger printed by computer must be numbered consecutively, and bound into a book after examination and verification, and signed or sealed by the bookkeeper, the person in charge of the accounting institution and the accounting supervisor to prevent separation.

Reference to the above content: Baidu Encyclopedia-General Ledger