General ledger
Also known as: GL
The general ledger is the complete, permanent record of every posted journal entry, organized by account.
If journal entries are individual transactions, the general ledger is the master book that holds all of them. Every account — cash, revenue, each expense — accumulates its activity in the ledger, and running balances are derived from it.
The general ledger is the single source of truth for the business. Financial statements are summaries of it, not separate records.
How Comma handles it
Comma derives every report live from posted general-ledger lines — there is no stored balance that can drift out of sync with the underlying entries.