• 1198

Subsidiary Ledger (Subledger)

A subsidiary ledger or subledger represents a section of transactions that roll up to the general ledger. For example, a general ledger will include multiple subledgers for things such as accounts receivable, cash, expenses, assets, etc. The relationship between subledgers and the general ledger are many to one. For example, a business many have cash in multiple bank accounts and investment funds. These all represent cash which are managed in separate subledgers that roll-up to the master cash account in the general ledger.

WANT MORE?

Contact us to learn more about our passion for solving problems and how it drives us to deliver innovative solutions for everyone we work with!

CONTACT US
MOST VIEWED
© Copyright 2020 e2b teknologies, Inc.