In This Chapter
Understanding the value of the Nominal Ledger
Developing ledger entries
Posting entries to the ledger accounts
Adjusting ledger entries
In this chapter, we discuss the accounting ledgers. You meet the Sales Ledger, Purchase Ledger and Cashbook and discover how they interact with the Nominal Ledger. We tell you how to develop entries for the ledger and also how to enter (or post) them from the original sources. In addition, we explain how you can change already posted information or correct entries in the Nominal Ledger.
The most common ledgers include: