Lastly, in a general ledger, most transactions have different characteristics, but in an accounts receivable subsidiary ledger, a company records all transactions similarly.

For example, the aggregation of transaction data in subsidiary ledgers, rather than the general ledger control accounts, enables management's easy access to line-item data pertaining to a ...

The sales order is an example of a customer transaction. Post a journal entry to the sub-ledger. An order is recorded as a debit, or increase, to the individual customer's credit account.

Distributed ledger startup Cobalt is seeking to spin off part of its technology in a bid to win ground in a wider variety of enterprise use cases.

Example of an Accounts Payable Subsidiary Ledger Let's imagine a business or firm such as the Tesla Motor Company.