General Ledger General Ledger. The record-keeping system for a company’s financial data. It categorizes transactions using the company’s Chart of Accounts, and provides a record […]
Gross Margin Gross Margin. A percentage equal to Gross Profit divided by Revenue in the same period. It describes how profitable the company is after […]
Gross Profit Gross Profit. Equals Revenues less Cost of Goods Sold. It describes the profit a company made after deducting Cost of Goods Sold, but […]