When it comes to substantive procedures for not for profit organisations, can I use the word “general ledger”? Or would substituting “cash book” for “general ledger” be better?
For example, testing the completeness of income:
“Trace a sample of income transactions recorded in the daily sales taking file to the general ledger to ensure completeness”
A general ledger (or nominal ledger) account is the credit side of the dransaction (eg sales or donations). The cash book would be the debit side of the posting. Both sides need some audit work.