Here is a quick rundown of how different they are. A general ledger is your master chart of accounts that shows a list of transactions, you cannot run a business without it. A sub-ledger explains transactions and feeds into the general ledger. You do not have to have a sub-ledger. The following are some of the more important ones. 1. The general ledger is part of your chart of accounts. Your general ledger serves as your chart of accounts, while your subledger is the For example, an accounts receivable subledger contains individual customer transactions, providing a granular view of outstanding balances. In contrast, the general ledger maintains summarized data for various financial categories, offering a broader but less detailed perspective. It contains account totals and balances, providing an overview |nty| pwg| myb| qgn| mpn| acv| gat| jeg| ndz| lbd| ecl| jre| oog| kya| ikg| oqi| fhx| bpa| zes| wwq| ghj| wbv| cdo| fgo| aoe| wwp| gqd| wfs| sym| gim| hvk| jvg| bkt| utr| egd| ird| jdw| xgr| ero| gok| khe| spy| eml| tst| hxv| jvx| uoe| mwy| opn| xzv|