The general ledger is also known as the main or nominal ledger, because it holds both sides of double-entry transactions. In contrast, the purchase and sales ledgers are called subsidiary ledgers ...

A purchase order is a legally binding document between a supplier and a buyer. It details the items the buyer agrees to purchase at a certain price point. It also outlines the delivery date and terms ...

Next up in our series looking at open-source business applications is SQL-Ledger. This software package, written in the Perl scripting language, is a double-entry accounting system aimed at small and ...