The purpose of the project is to develop an Accounting Ledger standard model to fulfill accounting requirements in the production of accounting books with respect to generally admitted accounting principles. 

Accounting entries are issued from a wide range of business events, resource consumption and agent actions need to be gathered and sorted in one or more ledgers according to the organization of the accounting. The scope for this project consists in building a standard accounting ledger needed for bookkeeping, accounting and auditing practices. This accounting ledger will be available to, and usable for all businesses activities enabling comple-tion of business scenario. The project includes all business sizes, internal as well as de-located accounting processes, domestic and international environments, single company and corporate, and concerns all activity domains.