Receivables Ledger
The receivables ledger is the subsidiary ledger of accounts receivable. It contains the customer accounts and their respective balances.
Important things you do in the receivables ledger:
- Find the balance of a customer account
- Add new accounts (when necessary per a problem)
Data Fields
The receivables ledger contains seven data fields for each account.
- Account
five digit number that uniquely identifies each customer - Company
customer (company) name - Street
customer street address - City
customer city - State
customer state - Zip Code
customer zip code - Balance
account balance as a positive or negative number
Data fields can be edited by double-clicking the cell that displays the item. You cannot edit Account number or Balance.
Menu Choices
Balance
Balance totals all account balances.
Options
Options collects processing functions.
Add New Account
Some problems require you to enter a new account, but many do not. Simply enter the account data into the labeled textboxes.
Print or Paste
Print or Paste is used to copy data either to the Printer directly or to the Window's Clipboard for pasting into other applications.
Change Font
Change Font allows you to do so.
Help
Help displays the menu of common help topics and the accounting glossary.