sub-ledger

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Term: Sub-ledger

Definition: A sub-ledger refers to a detailed accounting record that provides specific information related to a particular category, such as accounts receivable, accounts payable, or inventory, within the general ledger of a company.

Examples:

Noun:

The accounts payable sub-ledger includes all the outstanding bills and invoices owed to suppliers.
She examined the sub-ledger for accounts receivable to reconcile the customer payments.

Related products:

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