Accounting · Odoo glossary
General Ledger (GL)
The general ledger is the complete set of accounts recording an organization’s financial transactions.
Definition
In general ERP practice
The general ledger is the complete set of accounts recording an organization’s financial transactions. Each account collects debits and credits, from which account balances and financial statements are prepared.
In Odoo
Odoo Accounting provides a General Ledger report showing account movements and balances for a selected period. Drill down to journal items to inspect the underlying transactions; filters determine which companies and entries are included.
Official Odoo documentation
The Odoo-specific explanation above is based on the documentation for Odoo 19. Features and workflows can differ in other versions.
Related glossary terms
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