Balance sheets and Income Statements can be produced through the GL business reporting. Each transactions end up in debits and credits anyway. That information drives the financial reporting and business reporting.

BRP - produces financial statements, how the business is doing for external entities.

Feeder Process: AP, AR, OE/S, Payroll, Inventory. All processes are considered feeder processes.

You will not find a GL table, but you have to find a way to organize these data transactions into meaningful data.

1. Posting
2. Totaling
3. Trial Balance [debit = credit]
4. Adjusting Entries (Controller needs to figure out about these situations)
5. Adjusted Trial Balance
6. Closing Accounts