Receivables Ledger

Receivables Ledger

The receivables ledger is the subsidiary ledger of accounts receivable. It contains the customer accounts and their respective balances.

Receivables

Important things you do in the receivables ledger:

  1. Find the balance of a customer account
  2. Add new accounts (when necessary per a problem)

Data Fields

The receivables ledger contains seven data fields for each account.

  1. Account
    five digit number that uniquely identifies each customer
  2. Company
    customer (company) name
  3. Street
    customer street address
  4. City
    customer city
  5. State
    customer state
  6. Zip Code
    customer zip code
  7. 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.