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General Ledger Best Practices
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Exhibit 14.2 Impact of Best Practices on the General Ledger Function

these best practices can result in a significant enhancement to the overall effi-
ciency of the general ledger function. Finally, the third cluster of best practices
actually increases the complexity of the general ledger, but does so in order to
provide more information to other parts of the company, either by way of an
activity-based costing analysis or through a data warehouse. Thus, there is a logi-
cal grouping to the best practices that may be useful in designating which clusters
of them are implemented first.