The area where the company allocates client transactions to match with the company details of purchases or sales.
Related information about subsidiary ledger:
- Accounting Principles I: Subsidiary Ledgers
A subsidiary ledger is a group of similar accounts whose combined balances equal the balance in a specific general ledger account. The general ledger account ...
- Subledger - Wikipedia, the free encyclopedia
The subledger, or subsidiary ledger, is a subset of the general ledger used in accounting. The subledger shows detail for part of the accounting records such as ...
- What is subsidiary ledger? definition and meaning
Definition of subsidiary ledger: Special or supporting ledger (such as cost ledger, purchases ledger, sales ledger) that provides more detailed information about ...
- Accounts Payable Subsidiary Ledger Definition | Investopedia
An accounting ledger that shows the transaction history and amounts owed separately for each supplier from whom the business receives credit for purchases.
- What is the purpose of subsidiary ledgers? | AccountingCoach.com ...
A subsidiary ledger contains the details to support a general ledger control account. For instance, the subsidiary ledger for accounts receivable contains all of ...
- What is a subsidiary ledger? - Questions & Answers - AccountingTools
Jul 14, 2011 ... A subsidiary ledger is a ledger designed for the storage of specific types of accounting transactions. The information in a subsidiary ledger is ...
- Subsidiary Ledger Vs. General Ledger | Chron.com
Accounting is a detailed process for recording and reporting a company’s financial information. Businesses often use several different ledgers and ...
- Subsidiary Ledger Reconciliation Guide - Blackbaud, Inc.
Set up posting information in each subsidiary ledger's Configuration so that you can ... entries. • Ensure the Journal selected is unique to the subsidiary ledger.