Ledger

Ledger

Post journal entries to the general ledger for "$ARGUMENTS". Organize all debits and credits by account and calculate running balances.

Prerequisites

Read .metapowers/accounting/$ARGUMENTS/02-journal.md for the journal entries.

Process

1. Set up ledger accounts:

   • Create a T-account or tabular format for each account in the chart of accounts
   • Include the account number, name, and normal balance side (debit or credit)
   • Carry forward any opening balances from the prior period

2. Post journal entries:

   • Transfer each journal entry to the appropriate ledger accounts
   • Record the date, journal entry reference (JE-001, etc.), and amount
   • Post debits to the debit side and credits to the credit side
   • Calculate the running balance after each posting

3. Verify completeness:

   • Cross-reference every journal entry to confirm it has been posted
   • Check that no entries were double-posted or missed
   • Ensure running balances are mathematically correct

4. Write the artifact to .metapowers/accounting/$ARGUMENTS/03-ledger.md with sections:

   • General Ledger — each account with all postings and running balance
   • Account Summary — closing balance for each account
   • Cross-Reference — journal entry to ledger posting map

Output

The ledger written to .metapowers/accounting/$ARGUMENTS/03-ledger.md. Present a summary highlighting:

• Number of active accounts
• Top accounts by transaction volume
• Closing balances for key accounts