Accounting
Ledger
Definition
|
4 Related Terms
What is Ledger?
Ledger is an account book that contains all transactions related to a specific account head such as Cash, Bank, Sales, Purchase, or individual party accounts. Each ledger shows the complete history of debits, credits, and running balance for that account. In Tally, ledgers are the fundamental building blocks used to record every financial transaction through vouchers.
People Also Search For
ledger account
ledger meaning
what is ledger
ledger in accounting
Need Help with Accounting?
Our certified experts can help you with accounting setup, financial reporting, and bookkeeping.