GL

In Amazon's retail and finance operations, the General Ledger (GL) represents the financial account used to record revenue, expenses, and profitability for a specific product category. Each GL corresponds to a business segment or vertical, such as:

• GL Beauty
• GL Consumer Electronics
• GL Home & Kitchen
• GL Baby Products, etc.

These ledgers are managed by category teams responsible for forecasting, performance management, and vendor negotiations.

Key functions of a GL in Amazon:

• Tracks revenue, costs, chargebacks, returns, and margin at the category level
• Helps Amazon assess the health and profitability of each product vertical
• Guides strategic decisions like resource allocation, pricing, and promotional funding
• Used in vendor negotiations to discuss performance by GL

💡 Example: A vendor’s shampoo product is part of the “GL Beauty” category. Its P&L is tracked under that GL, and all related decisions are handled by the GL Beauty team.

In short:
GL (General Ledger) is Amazon’s internal financial structure for tracking the performance and profitability of major product categories.