G/L Budget

A G/L budget is a detailed money plan for a business, outlining expected earnings and expenses across different categories in its General Ledger.

A G/L budget, short for General Ledger budget, is a financial plan that outlines the anticipated income and expenses across various accounts within the general ledger, providing a detailed framework to guide and assess a business's overall financial performance.

It's like a money roadmap for a business, spelling out, in detail, how much it expects to earn and spend across different categories in its financial diary (General Ledger), helping to steer and evaluate its overall financial health.