Accounting › Ledger
Ledgers & Principles
One book per set of rules, the rates they translate at, and the same account under every principle side by side.
In Accounting → Ledger · 6 screens
| Screen | Kind | What it is | Columns | Fields | Actions |
|---|---|---|---|---|---|
| Ledgers | List | One book per set of rules. The leading ledger is what operations post to; a delta ledger holds only where another principle disagrees — never a second full copy. | 10 | 11 | 2 |
| Accounting Principles | List | The rulebooks: IFRS, US GAAP, a local statutory basis, a tax basis. What each says about leases, revenue and inventory is what makes a second ledger necessary. | 8 | 12 | 0 |
| Ledger Assignments | List | Which companies keep which ledgers, and in what functional currency. | 6 | 6 | 0 |
| Currencies | List | What a currency is, so 1,234 JPY is not shown with two decimals and a rate cannot be entered two orders of magnitude out. | 6 | 7 | 0 |
| Exchange Rates | List | What a currency was worth on a date, per rate type. A balance sheet translates at closing and a P&L at average — using one for both is the commonest consolidation error there is. | 8 | 7 | 0 |
| Multi-GAAP Comparison | Read-only list | The same account under every principle, side by side, with the difference against the leading ledger. One query, because assembling it two ways on two screens is how two GAAP numbers come to exist. | 5 | 0 | 0 |