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What does Subsidiary Ledger mean?

A group of similar accounts whose combined balances equal the balance in a specific general ledger control account.

Subsidiary Ledger in a sentence
The accounts receivable subsidiary ledger provides detailed information on each customer's balance.

Subsidiary Ledger in German, French, Spanish and Italian

German
Nebenbuch

Detailliertes Verzeichnis zu einem Sammelkonto des Hauptbuchs.

French
Grand livre auxiliaire

Registre détaillant les comptes individuels regroupés dans le grand livre.

Spanish
Libro mayor auxiliar

Libro que desglosa la información de una cuenta del libro mayor.

Italian
Libro mastro ausiliario
also Mastrino ausiliario

Insieme di conti di dettaglio che compongono un conto sintetico di mastro.

Synonyms and opposites for Subsidiary Ledger

  • Synonym Sub-ledger

More Accounting terms

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Subsidiary Ledger is filed under