Ready to learn what does subsidiary ledger consists of? Read on…A subsidiary ledger (SL), at a minimum, should comprise 9 essential things. First, creating and using an SL takes time, so it...

When getting started with subsidiary ledgers, it is important to understand why they are used in accounting. First of all, there is no point in spending time working on something that is not yet...

Today, you'll learn how to use accounts receivable subsidiary ledgers.Some accounting systems have a feature that supports accounts receivable subsidiary ledgers. For instance, a user can...

Today, you'll learn how to administer subsidiary ledgers.Most new bookkeepers and accountants usually do not know how to manage subsidiary ledgers. Indeed, they, though graduates in accounting,...

This post explores unrecorded deposits in a bank reconciliation.Unrecorded deposits are common when preparing a bank reconciliation statement. First of all, other people could transfer money to...

Want to learn what happens to a stale check? Read on.A stale check could confuse most people who have no accounting background. For instance, are 180-day uncashed checks adjusted, replaced, or...