Follow these steps to set up a general ledger accounting system in Excel. A small business can use Excel as a substitute for expensive accounting software.

Microsoft Excel worksheets can consolidate your general ledger accounts into a trial balance worksheet for review during the closing process. When you need to review the current balances and ...

Excel has all of the tools needed to create and maintain a general ledger, but it requires a solid understanding of basic accounting and attention to detail. For business owners who do not have ...