Accounting Software Glossary |
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The accounting software glossary is a glossary of words and phrases related to accounting software and is provided entirely as-is and without warranty. Please feel free to make use of the definitions of accounting software terms contained herein, provided you quote your source or, if used online, provide a link back to the accounting software glossary. |
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A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Definition of Sales Ledger |
The sales ledger is the subsidiary ledger is where the customer accounts are recorded. Each debtor's account is debited with sales and credited with cash received, discounts allowed and returns inward. The nominal ledger of your accounting software holds a control account in which the total balance of all accounts in the sales ledger is shown.Other accounting software terms beginning with S |
| Sales |
| Income received from customers in return for the s... |
| Sales Invoice |
| A sales invoice is the way of recording the sale o... |
| Sales Ledger |
| The sales ledger is the subsidiary ledger is where... |
| Self Assessment |
| Self-assessment is a form of income tax return int... |
| Self-balancing ledgers |
| A system employed in accounting software that allo... |