Views : 321,436
Genre: Education
Date of upload: Oct 14, 2020 ^^
Rating : 4.944 (120/8,497 LTDR)
RYD date created : 2022-04-07T02:52:51.610744Z
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Top Comments of this video!! :3
This is a great channel. Your visuals and graphical transitions added into the videos really help a visual learner like me, understand things much more easily. For example, those graphical transitions from the Journal Entry into the Subledgers and into the General Ledger makes that difference. It compliments your already great explanations. Thanks so much.
Cheers from Canada
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Oh my god. I finally understand the difference between an account and a ledger, and also a subledger and the general ledger.
The accounting software automates this so much that it's so hard to grasp this. All other videos explain the differences without considering the fact that we use software these days. But I love how you explained it to us, who don't use "books" and instead use software to keep records.
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8:37 I am a Functional Consultant for an ERP, and I love the way you made it crystal clear how the entries affect the ledgers, sub-ledgers and the GL
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I'm just starting my AAT Level 2 course from a standing start in regards to accounts knowledge and I'm finding your videos so helpful! I love your teaching style - everything is clear and concise, and I like how you avoid going off on a tangent by recommending other videos if something isn't making sense. What a great revision tool. Thanks so much!
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@AccountingStuff
3 years ago
Hey there, it's been a while!! Ledgers confused me for a long time when I started out in accounting. I hope you find this explanation helpful. If you have any suggestions for future vids then please let me know :) âąď¸TIMESTAMPS 00:00 - Intro 00:08 - General Ledger Definition 00:25 - History of General Ledger 01:19 - Ledger Definition (Old) 01:28 - Types of Ledger (General Ledger vs Subledger) 02:04 - Ledger Definition (New) 02:13 - General Ledger Definition (New) 02:22 - Channel Memberships 02:43 - EXAMPLE 1: MANUAL JOURNAL ENTRIES 05:46 - EXAMPLE 2: AUTOMATIC JOURNAL ENTRIES & SUBLEDGERS 09:03 - Outro
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