What is a ledger card?

The Ledger Card is where the history of charges, credits, payments with the balance for each family and/or agency is recorded. Often you’ll use special tools like Automated Billing, the Late Payment Calculator or Quick Ledger Posting to record information on many ledger cards at once.

Is a stock ledger the same as a Bin Card?

Bin card is also known as” Stock Card” which we use to keep a record of all the receipts and issues of the stocks from the company’s stock department. Stores ledger is called the subsidiary ledger of the costing ledger that keeps a record of the movements of inventory with the valued terms.

What does purchase ledger mean?

Purchase ledger is the ledger in which all the accounting transactions related to the purchase of goods or services by the company during a period of time is recorded, showing the lists of the purchases along with the amount which the company has paid to its supplier or the amount due to the supplier.

What is the meaning of Ledger?

ledger - a record in which commercial accounts are recorded; "they got a subpoena to examine our books" account book , book of account , leger , book record - a document that can serve as legal evidence of a transaction; "they could find no record of the purchase"