Aug 4, 2023 22:26
10 mos ago
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Spanish term

Libro Centralizador

Spanish to English Bus/Financial Accounting Guatemala
Libro Mayor o Centralizador.
Libro de Estados Financieros.
Los documentos y comprobantes de las operaciones contables de tales libros que ordena el artículo 381 del Código de Comercio, de los periodos correspondientes del (...)
Proposed translations (English)
3 +5 General ledger

Proposed translations

+5
35 mins
Selected

General ledger

Peer comment(s):

agree philgoddard
3 hrs
agree Andrew Bramhall
9 hrs
agree Francois Boye
15 hrs
agree Luis M. Sosa : There's no other term0
17 hrs
agree neilmac
1 day 9 hrs
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4 KudoZ points awarded for this answer. Comment: "Thanks so much!"

Reference comments

10 mins
Reference:

Refs.

A centralized ledger is a ledger that has a single source of control, finality and writing access i.e., it is a ledger maintained by a single organization either for its transactions or for another external organization where it then serves as a third-party trusted source for the transacting parties.

According to link, a centralized ledger is the same as a general ledger.
https://medium.com/@shyamshankar/centralized-ledgers-vs-dist...
A centralized ledger also known as general ledger contains all the accounts for recording transactions relating to a company's assets, liabilities, owners' equity, revenue, and expenses. Anything in the world which has a financial value needs a ledger.12 Jul 2017
Note from asker:
Thank you!
Peer comments on this reference comment:

agree Luis M. Sosa
17 hrs
Thanks.
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