We propose an algebraic framework for generalized graph Laplacians which unifies the study of resistor networks, the critical group, and the eigenvalues of the Laplacian and adjacency matrices. Given a graph with boundary $G$ together with a generalized Laplacian $L$ with entries in a commutative ring $R$, we define a generalized critical group $Υ_R(G,L)$. We relate $Υ_R(G,L)$ to spaces of harmonic functions on the network using the Hom, Tor, and Ext functors of homological algebra. We study how these algebraic objects transform under combinatorial operations on the network $(G,L)$, including harmonic morphisms, layer-stripping, duality, and symmetry. In particular, we use layer-stripping operations from the theory of resistor networks to systematize discrete harmonic continuation. This leads to an algebraic characterization of the graphs with boundary that can be completely layer-stripped, an algorithm for simplifying computation of $Υ_R(G,L)$, and upper bounds for the number of invariant factors in the critical group and the multiplicity of Laplacian eigenvalues in terms of geometric quantities.