GL Accounts definition

GL Accounts means: The master set of general ledger accounts that summarize all transactions occurring within an entity. The general ledger is comprised of all the individual accounts needed to record the assets, liabilities, equity, revenue, expense, gain, and loss transactions of a business.
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Examples of GL Accounts in a sentence

  • This is done in Member Billing -> Edit General Ledger Accounts -> Select GL Accounts for Membership Invoices.

  • In order to map individual transactions in the CNS to QB GL (General Ledger) accounts and QB invoice items, We first map individual transactions to CNS GL accounts, and then in turn map those CNS GL Accounts to QB GL accounts and QB items.

Related to GL Accounts

  • Special Accounts means the accounts referred to in Section 2.02 (b) of this Agreement;

  • Management Accounts means unaudited accounts which shall incorporate a profit and loss statement, cash flow statement and balance sheet.

  • Excluded Accounts means (a) payroll accounts, (b) health savings accounts, worker’s compensation accounts and other employee benefits accounts, (c) payroll withholding tax accounts and other tax (including sales tax) remittance accounts and (d) any other account that is used solely as an escrow account or as a fiduciary or trust account and not otherwise prohibited under this Agreement or any other Loan Document.

  • Accounts means all presently existing and hereafter arising accounts, contract rights, payment intangibles and all other forms of obligations owing to Borrower arising out of the sale or lease of goods (including, without limitation, the licensing of software and other technology) or the rendering of services by Borrower and any and all credit insurance, guaranties, and other security therefor, as well as all merchandise returned to or reclaimed by Borrower and Borrower’s Books relating to any of the foregoing.