Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Can sub-ledgers become out of balance with the General Ledger?

April 26, 2017Balance ledger sub-ledgers

0

Posted

Can sub-ledgers become out of balance with the General Ledger?

1 Answer

0

Posted

No! We know that one of the biggest headaches is the inability to supply an auditor the supporting documentation of a General Ledger balance. BOLO maintains data integrity and auditability of sub-ledgers. BOLO does this by disabling the ability to code directly to a sub-ledger account without the proper sub-ledger detail.