G - Definitions

Search Definitions
  • G

    go-live (go live)

    Go-live is the time at which something becomes available for use.

  • GR/IR clearing account (goods receipt/invoice receipt clearing account)

    A GR/IR clearing account (goods receipt/invoice receipt clearing account) is a bookkeeping device that can be used when goods arrive before the invoice is generated or when an invoice arrives before the goods are delivered.

  • What is a general ledger (GL)?

    A general ledger (GL) is a set of numbered accounts a business uses to keep track of its financial transactions and to prepare financial reports.