Main Ledger and sub ledger:Description

[Former Member]

Hi exparts

please provide defination for above information.

Thanks in Advance

Sunny

[Former Member · Accepted solution]

DMM,

It is the general ledger which is the main ledger.The general ledger serves as a complete record of all business transactions. It is the centralized, up-to-date reference for the rendering of accounts. Actual individual transactions can be checked at any time in realtime processing by displaying the original documents, line items, and transaction figures.

AP, AR etc are the subledgers. Postings to the subledgers are updated in main ledger through reconciliation accounts.

Hope this helps.

Rgds

Manish

[Former Member]

Hi

Main Ledger

http://help.sap.com/saphelp_46b/helpdata/en/35/2cd77bd7705394e10000009b387c12/frameset.htm

Sub Ledger

Accounting which encompasses a sub-ledger such as debtors, creditors or assets.

Sub-ledgers provide more detailed information on the reconciliation accounts in the General Ledger.

Accounting at the subsidiary ledger level, such as Customer ,Vendor ,Asset.

Subledgers give more details on the postings made to the reconciliation accounts in the general ledger.

Regards

Venkat