Phase 3: Ledger
Post journal entries to the general ledger accounts.
Purpose
The Ledger phase transfers journal entries to their respective accounts in the general ledger, accumulating balances and providing a complete record of activity for each account.
Usage
/accounting:ledger <project>Prerequisites
Journal entries must exist at .metapowers/accounting/<project>/02-journal.md.
What It Does
- Reads journal entries from the Journal phase
- Posts each debit and credit to the corresponding ledger account
- Calculates running balances for each account
- Cross-references entries back to journal entry numbers
- Writes the general ledger to
.metapowers/accounting/<project>/03-ledger.md
Output
Creates .metapowers/accounting/<project>/03-ledger.md containing:
- Individual account ledgers with running balances
- Journal entry cross-references
- Account balance summary
Next Phase
After posting, proceed to Trial Balance to verify that total debits equal total credits.