This is a breakdown of all the open (outstanding) items for each debtor.

The accounting structure that holds details of all the sales invoices.

The sales ledger keeps track, in account order, of all invoices, credit notes and discounts sent to customers and all receipts received from customers. It can be quickly referred to if you want to find the current status of any of the customer accounts. The total balance outstanding should equal the balance of the debtors control account in the nominal ledger.

The sales ledger contains all the personal accounts of each individual customer, and records every transaction with each customer since the start of their relationship with the company.

A subsidiary ledger which holds the accounts of a business's customers. A control account is held in the nominal ledger (usually called a debtors' control account) which shows the total balance of all the accounts in the sales ledger.

Contains records of customer accounts.