Home > Salary > Latvia > General Ledger Accountant
A general ledger accountant is responsible for maintaining and reconciling the financial records of a company. They ensure that all financial transactions are accurately recorded in the general ledger, including journal entries, adjustments, and the posting of accounts. General ledger accountants also prepare financial statements, such as balance sheets and income statements, and assist with the month-end and year-end closing processes. They analyze and reconcile accounts, identify discrepancies or errors, and make necessary adjustments. Additionally, they may be involved in budgeting, forecasting, and providing support during audits.
Estimated Yearly Salary: 24,333 EUR
Estimated Monthly Salary: 2,028 EUR
Estimated Weekly Salary: 468 EUR per week
Estimated Hourly Salary: 12 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 1,953 EUR
Estimated Weekly Salary: 451 EUR per week
Estimated Hourly Salary: 11 EUR per hour
Last revision of data: 2024-01-08
Estimated Yearly Salary: 24,217 USD
Estimated Monthly Salary: 2,018 USD
Estimated Weekly Salary: 466 USD per week
Estimated Hourly Salary: 12 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 24,333 EUR
Estimated Monthly Salary: 2,028 EUR
Estimated Weekly Salary: 468 EUR per week
Estimated Hourly Salary: 12 EUR per hour
By working as General Ledger Accountant a person can save up to 1,158 USD per month or 13,897 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Latvia, see costs of living in Latvia.
Estimated Yearly Salary for General Ledger Accountant
Last revision of data: 2025-01-04
Data as of 2025
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General Ledger Accountant salary in Latvia
Average Yearly Salary of General Ledger Accountant in Latvia is approximately 24,333 EUR (24,217 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does General Ledger Accountant do?
A general ledger accountant is responsible for maintaining and reconciling the financial records of a company. They ensure that all financial transactions are accurately recorded in the general ledger, including journal entries, adjustments, and the posting of accounts. General ledger accountants also prepare financial statements, such as balance sheets and income statements, and assist with the month-end and year-end closing processes. They analyze and reconcile accounts, identify discrepancies or errors, and make necessary adjustments. Additionally, they may be involved in budgeting, forecasting, and providing support during audits.
Skills: general ledger accountant, financial records, reconciliation, financial statements, accounting, analysis
Job industry: Accounting
Job industry: Accounting
How much does General Ledger Accountant make?
Salary details
How much does General Ledger Accountant make?Estimated Yearly Salary: 24,333 EUR
Estimated Monthly Salary: 2,028 EUR
Estimated Weekly Salary: 468 EUR per week
Estimated Hourly Salary: 12 EUR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 23,435 EUREstimated Monthly Salary: 1,953 EUR
Estimated Weekly Salary: 451 EUR per week
Estimated Hourly Salary: 11 EUR per hour
Last revision of data: 2024-01-08General Ledger Accountant estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 24,217 USD
Estimated Monthly Salary: 2,018 USD
Estimated Weekly Salary: 466 USD per week
Estimated Hourly Salary: 12 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
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Country:
Salary comparison to National average
Latvia is a country located in Northern Europe, bordered by Estonia to the north, Lithuania to the south, Russia to the east, and Belarus to the southeast. It has a population of approximately 1.9 million people and covers an area of about 64,589 square kilometers.
Estimated national average yearly salary is 19,565 EUR (21,500 USD). Value indicated is pre-tax. Below graph shows estimated General Ledger Accountant job salary compared to average salary in Latvia.
Comparison shows that a person working as General Ledger Accountant in Latvia earns on average:
1.24 times the average salary (or 124% of average salary).
Estimated national average yearly salary is 19,565 EUR (21,500 USD). Value indicated is pre-tax. Below graph shows estimated General Ledger Accountant job salary compared to average salary in Latvia.
Comparison shows that a person working as General Ledger Accountant in Latvia earns on average:
1.24 times the average salary (or 124% of average salary).
Is General Ledger Accountant a well paid job?
Yes, our data shows that General Ledger Accountant is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for General Ledger Accountant?
High salary for General Ledger Accountant would be somewhere between 26,766 EUR and 35,283 EUR. However this is an estimation based on Gaussian Distribution.How much can you save working as General Ledger Accountant in Latvia?
Living in Latvia the approximate monthly expenses are: 860 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 24,333 EUR
Estimated Monthly Salary: 2,028 EUR
Estimated Weekly Salary: 468 EUR per week
Estimated Hourly Salary: 12 EUR per hour
By working as General Ledger Accountant a person can save up to 1,158 USD per month or 13,897 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Latvia, see costs of living in Latvia.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Estonia, Russia, Belarus, Lithuania.. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for General Ledger Accountant
Estonia is 31,160 USD
Russia is 14,457 USD
Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Latvia
(224,317 EUR per year, pre-tax.)
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(186,760 EUR per year, pre-tax.)
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4. Neurosurgeon
(174,646 EUR per year, pre-tax.)
(174,433 EUR per year, pre-tax.)
6. Urologist
(170,871 EUR per year, pre-tax.)
(170,733 EUR per year, pre-tax.)
(170,497 EUR per year, pre-tax.)
(169,948 EUR per year, pre-tax.)
(169,943 EUR per year, pre-tax.)
Data as of 2025Random salary:
Market researcher (17,979 EUR per year, pre-tax.)
Medical examiner (41,480 EUR per year, pre-tax.)
Mechanic head (17,811 EUR per year, pre-tax.)
Race director (20,795 EUR per year, pre-tax.)
Painter hand (14,056 EUR per year, pre-tax.)
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