General Ledger Journal Entries are the official written records of financial transactions that take place within an organization, reflecting profits and losses across a range of categories. They capture everything from the purchase of raw materials, to employee payroll, to customer sales. Think of them as an essential tool for recording, organizing, and tracking the money flowing in and out of your business. By continuously monitoring GL journal entries, you can ensure your financial data is up-to-date, accurate and secure – while also getting a better understanding of where you stand financially. It’s the key to successful budgeting, forecasting, and reporting!