Remove Accounts Payable Remove Compliance Remove General Ledger Remove General Ledger (GL)
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Avoid these bookkeeping mistakes as a small business owner

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Overcomplicating the General Ledger and Chart of Accounts. The Perils of Overcomplicating Your General Ledger Mistake: Creating a general ledger (GL) account for nearly every type of expense. GL accounts are easy to create but difficult to get rid of.