R76B420 - General Ledger

To comply with specific Brazilian legal requirements and business practices, companies must keep detailed records of all transactions. The Brazilian government can audit companies at any time to verify that commercial transactions are being performed within legal requirements.

The General Ledger (Livro Razo) and the Transaction Journal (Diario Geral da Contabilidade) are two of the basic elements that companies are required to maintain and submit for auditing.

You can print the General Ledger report to list all transactions by company and general ledger account for a specific accounting period. The report includes all general ledger accounts with a posting edit code, even if the amount for the account is zero. In addition, the report includes totals by transaction, period, account, and company. If the list of transactions for an account is interrupted by a page break, the system prints an ending balance on the page and continues on the next page with a balance carried forward amount.