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The Basics of GL Coding

Posted by Mihlfeld & Associates on Nov 20, 2018 7:45:00 AM
The Basics of GL Coding

First of All - What is a GL Code?

A General Ledger Code (GL Code) is a string of alphanumeric characters assigned to each financial entry in an organization’s ledger. A GL Code can indicate basic information such as a debit or credit by location or provide highly specific details about an entry through a GL String. A GL String is made up of a combination of numbers and groups of numbers that when applied uniformly can categorize every point of information for an entry.

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Topics: Invoice Processing, Technology, GL Coding

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