In one sentence, describe what the following article is about:

Ledgers record all of the transactions for that account. You will need to create a ledger for each account that you do business with. There are two ledgers included: "Cash" and "Profit and Loss Account". You can create as many other ledgers as you need. When creating accounts for other parties, under Sales or Purchase (revenue), they must be listed as Sundry Debtors, Sundry Creditors or Branch/Divisions. Place the party in the group that they closest relate to. For example, A party that you sell more to than you buy from would be a Sundry Debtors account. Select "Accounts Info" from the Gateway menu. Choose the "Ledgers" option. You can then choose to create a single ledger or create multiple ledgers. The first thing you will need to do when creating a ledger is to select which group it will be assigned to. Selecting the right group is important, as it will affect how numbers and sales are totaled later. The list of available groups will be on the right side of the screen. Enter a name for your ledger. This will allow you to easily know what the ledger contains without having to open it. When creating a ledger, you will need to indicate the balance that the ledger is starting with. If you are creating a ledger for your bank account, this would be the amount currently in it. If you are starting a ledger for the amount owed to a contractor, the amount you owe would be the starting balance.

Summary:
Understand what ledgers are for. Open the Create Ledger window. Select the group. Give the ledger a name. Enter an opening balance.