Finance glossary
Budgeting & Accounting

Ledger

The complete record of a chapter's financial transactions — money in and money out.

A ledger is the running log of every financial transaction: dues collected, expenses paid, reimbursements issued. It is the source of truth for the chapter's financial position and the basis for reports and audits. A clean, continuous ledger is what makes officer transitions and audits painless.

Dueflow is the free platform treasurers use to collect dues, run budgets, and manage chapter finances.

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