The general ledger of a subledger, the difference between a general ledger and a subledger

The general ledger of the sub-ledger refers to the account that is registered in the fair currency unit of measure according to the general ledger account and is used to provide general accounting information.

Abbreviated as the general ledger. It is a ledger book that opens accounts according to general classification accounts, and is used to register all economic transactions, carry out general classification accounting, and provide general accounting information. The accounting information provided by the general ledger is the main basis for the preparation of accounting statements, and any unit must set up a general ledger.

Form. The general ledger is generally in the form of a stapled book. The format of the general ledger page generally adopts the three columns of "debit", "credit" and "balance", and according to actual needs, the "offset account" column can also be added in the "debit" and "credit" columns.

The page format of the general ledger can also be in a multi-column format, such as combining sequence records and general ledger records into a joint ledger, i.e., a journal general ledger.

How to use: The basis and method of registration of the general ledger depends mainly on the form of accounting used. It can be directly registered one by one according to various accounting vouchers, or the accounting vouchers can be summarized in a certain way, compiled into a summary table of accounts or summary accounting vouchers, etc., and then registered.

The general ledger is generally registered according to the general ledger account, and the registration method depends on the accounting procedures adopted by the unit enterprise.

Related differences. General ledger vs. subledger.

The general ledger is an account that comprehensively analyzes the sub-ledger and coordinates its sub-ledger. We have a necessary complement to the general ledger for the subledger, in other words, the subledger serves the purpose of detailing. There are many things in common between the general ledger and the sub-ledger, because the original documents registered are the same, and the content of the accounting is also the same, so the combination of the two serves the purpose of general and detailed reflection.

Therefore, when registering the general ledger and the detailed classification, it is necessary to adopt the method of parallel registration to record. That is, for the same economic transaction, it is necessary to register the general ledger in a general manner, and also to register the detailed ledger related to the general ledger.

The difference between the general ledger account and the sub-ledger account The general ledger book, referred to as the general ledger, is opened according to the general ledger account and reflects a certain economic activity in an all-round way; The general ledger is primarily used to provide direct data for the preparation of financial statements. The sub-ledger book, referred to as the sub-ledger, is opened based on the sub-ledger account and is used to provide detailed accounting information. The general ledger account is the reconciliation account of the subordinate sub-ledger account, and plays a controlling role in the sub-ledger account to which it belongs.

The sub-ledger account is the subordinate account of the general ledger account, which plays an auxiliary role in the general ledger account to which it belongs. The accounting objects of the general ledger account and the sub-ledger account to which they belong are the same, and the accounting information they provide complements each other, and only by combining the two can the same accounting content be reflected in both general and detailed terms. Therefore, the general ledger account and the sub-ledger account must be registered in parallel.

Connections and Differences Between General Ledger and Subledger:

1) The intrinsic connection between the general ledger account and the detailed ledger account has the following two points:

1.The economic business content reflected in the two is the same;

2.The original basis for registering the ledger is the same, and the vouchers and original vouchers for the registration of the general ledger account and the registration of the detailed ledger account are the same.

2) The difference between the general ledger account and the sub-ledger.

1.The level of detail in which they reflect the economic content is not the same. The general ledger reflects the general situation of the increase and decrease of funds, and provides general information; The sub-ledger reflects the details of the movement of funds and provides detailed information on a certain aspect; Some sub-ledgers can also provide physical quantity indicators and labor volume indicators.

2.They serve different purposes. The economic indicators provided by the general ledger are the synthesis of the information of the sub-ledger and play a coordinating role in the subordinate sub-ledger; The sub-ledger is a supplement to the general ledger concerned. Plays the role of detailed instructions.

3) The main points of parallel registration of the general ledger and the sub-ledger are as follows:

1.For each economic transaction that needs to provide detailed indicators, it shall be credited to the general ledger account and the relevant sub-ledger accounts to which the general ledger account belongs for the same period according to the accounting vouchers that have been audited and correct. (on the basis of the same).

2.The general ledger and the subledger to which it belongs should be registered in the same direction. (Consistent direction).

3.The amount credited to the general ledger account is equal to the amount credited to each of the subledger accounts to which it belongs. (the amount is equal).

1. General ledger:

1) Also known as the general ledger, it is an account book that opens accounts according to the general classification account (first-level accounting account) and is used to register all economic operations, carry out general classification accounting, and provide general accounting information.

2) The general ledger is registered according to the "Accounting Voucher Summary Table" or "Account Summary Table".

2. Detailed ledger.

1) Also known as sub-ledger, it is an account book that opens account pages according to secondary accounting accounts or sub-headings and registers a certain type of economic business in detail. The accounting of the details of economic transactions is a complementary reflection of the general ledger.

2) The sub-ledger is registered according to the accounting voucher.

Both the general ledger and the sub-ledger are important ways of recording books in accounting. The general ledger is mainly a summary record of the accounts of economic transactions, while the sub-ledger is a detailed record of the specific transactions of each account. These two types of ledgers are described in detail below.

1.The total score is a key ledger

The general ledger is the most basic and important kind of account book in accounting, which records the items of the same nature according to the account classification, so as to fully reflect the financial status and operating results of the enterprise. There are two common forms of general ledger: T-shaped accounts and modern electronic accounts. T-shaped accounts are recorded manually, while modern electronic accounts are updated in real time using computer network technology.

.Characteristics and role of the general ledger

The general ledger is one of the main means of financial accounting, which plays an important role in collecting, analyzing, summarizing and summarizing financial information. It is characterized by comprehensiveness, systematization and accuracy, which can accurately reflect the financial operation status of enterprises and provide filial piety basis for corporate tax declaration, financial analysis and corporate governance.

Subsidiary ledger

The sub-ledger is a financial book that matches the general ledger, which classifies each account according to the specific content of the economic business, and records the specific information of each transaction in detail. The format of the sub-ledger is usually determined by the accounting system or the enterprise, and mainly includes several core contents such as date, summary, debit and credit amounts.

The role and benefits of the subledger

The sub-ledger can ensure the accuracy and comparability of the accounting of the enterprise, and can reflect the details of each economic transaction in a timely manner, so as to provide comprehensive financial information to the management. In addition, the sub-ledger can also find problems in the financial operation of enterprises and provide data support for enterprise decision-making.

In conclusion, the general ledger and the sub-ledger are two important ways of book recording in financial accounting. The general ledger provides an overview analysis of the financial status and operating results of the enterprise, while the sub-ledger records the specific transactions of each account in detail.