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General Ledger

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Chart of Accounts

Last Updated: December 24, 2024

LawAccounting is far more advanced than most accounting systems.  LawAccounting allows you to have multi-level ledgers and to tag a single ledger with the four accounting classes with unlimited tags in each class. This helps keep the chart of accounts simple for the organizations.

Chart of Accounts Setup

Last Updated: December 24, 2024

You can define all your charts of accounts ledgers using the general ledger (GL) tab in LawAccounting. Picture 1 ( List view of all the defined general ledgers in the system) Picture 2 (Defining a new General ledger) Ledger Name: This is the name of your General Ledger (Chart of Accounts name). Law Accounting recommends...