Explain How a Ledger and Posting help in The Recording Process

Abstract

Economic activity in Indonesia is increasingly developing, this is indicated by the increasing number of Small and Medium Enterprises (SME) (Manik, 2021). Just like the existing SME in the field, namely PT. XYZ Beauty Clinic. Even though it is a small business, this kind of business needs accounting records. Accounting is a process that aims to identify, measure, record, and report economic transactions of an organization or entity that is used as information in order to make economic decisions by parties who need it (Evanston & Illinois, 1966). Before beginning the recording procedure, you must have a ledger and a posting. The descriptive research method is used in this study. To finish this investigation, this strategy employs a literature review. The importance of general ledger and posting in the process of financial recording of PT. Beauty Clinic XYZ is really needed in which the data will be included in preparing reports that will be made for financial statements. The purpose of PT Beauty Clinic XYZ's financial records is to produce public services in order to meet the needs and rights of the public.