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General Ledger

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In an organization, a General Ledger (GL) is a key component of the overall accounting system. General Ledger is a centralized record-keeping system that contains all the financial transactions of a company. The GL serves as a central repository for tracking and reporting financial information, and it plays a crucial role in the manufacturing industry […]

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Productivity and Efficiency

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Really is there any difference between productivity and efficiency ?, What is productivity?, What is efficiency?, Formula connecting productivity and efficiency, Relationship between productivity and efficiency, Example demonstrating the relation between productivity and efficiency, etc. We will discuss all here in detail. Before we move in to our subject, we need to know more about

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