oboloo Glossary

General Ledger Management

oboloo Glossary

General Ledger Management

General Ledger Management is the process of tracking, analyzing, and reporting on a company’s financial assets and liabilities. Through this practice, companies can efficiently identify discrepancies in their finances, compile accurate financial statements, and accurately report to external stakeholders such as stockholders and tax authorities. In other words – General Ledger Management is an essential tool for any business looking to stay organized and profitable. With GLM, every dollar counts!