General Ledger lets you add transactions that affect your balance sheet or profit and loss. Find any transaction by string or account. The accounts are set up, but you can add your own too. Assign items to a kit for inventory control. Only supervisors may see the GL form and reports. Here are some sample transactions using the above accounts: Transaction Account Cash Account Sale of stock to SH SH Equity Checking Repay loan From SH. Amt<0 Loans Checking Invoice income Inc from Consulting Checking Property to equity Fixed Assets SH Equity Pay fed tax Tax Checking Pay employee Payroll Checking Sales tax collected Sales Tax Coll Checking Buy fixed asset by SH Fixed Assets Loans Paypal loan to SH. Amt<0 Loans Checking Depreciation on 12/31 Depreciation Fixed Assets Phone expense pd by SH Other Exp Loans Mileage expense Other Exp Checking Dividend to SH. Amt<0 SH Equity Checking Trash fixed asset. Amt=0 Fixed Assets Checking Cost of Goods Sold Fixed Assets Checking Cost of Goods Sold Fixed Assets Loans Sale of inventory Sale of Inv Checking Close