The record of every financial transaction of the company which will help in creating further financial statements is known as general ledger. The credit and debit account records of the general ledger is validated by a trial balance. It acts as a foundation of a system made by the accountants in managing the company's financial statements.
In the Odoo 15 Accounting module you can view your company’s general ledger by selecting the General Ledger option from the Accounting module. The ledger with details such as Date, Journal Entry, Label, Amount in Currency, Debit amount, Cdit amount, Balance, Cumulated Balance and Matching can be viewed. More measures can be added to the list. The General Ledger can be viewed in List, Pivot and in Graph view. The result can be copied to a spreadsheet using the INSERT IN SPREADSHEET button from the Pivot view. The Graph view gives you a clear picture of the balances in each account.
The partner ledgers are used in companies to create a contract accounting balance and to record their corresponding amounts. The ledger associated with the partners between two dates can be easily checked and tracked with the Partner Ledgers. In the Odoo 15 Accounting module you can view the ledgers associated with the company’s partners by selecting the Partner Ledger option from the Accounting tab. Individual partner accounts ledgers are listed along with details such as Date, Journal Entry, Account, Label, Due Date Amount in Currency, Debit amount, Credit amount, Balance Cumulated Balance and Matching. By selecting the partner you can view the invoices and other related transactions of the partner. The ledger can be displayed in List, Pivot and in Graph view. The total amount from credit, debit and balance is displayed at the bottom.