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  • Ledger Ledger

The ledger is a permanent summary of all amounts entered in supporting paper or receipt books which list individual transactions by date. Every transaction flows from a receipt book to one or more ledgers. A company's financial statements are generated from summary totals in the ledgers. This ledger keep transaction records of customers and suppliers based on due payment. There are two types of Ledgers in payment management module.

  • Payment to supplier
  • Payment from customer