Bank Reconciliation involves the process of reconciling your bank account to your bank statement, making sure you recognise all your bank transactions, and account for bank and oth... more
Also known as “Accounts Payable,” Purchase Ledger is a complete record of your purchases and expenses and involves paying the suppliers who let you buy from them on credit. more
Also known as “Accounts Receivable”, this involves issuing your invoices and getting paid by customers that you allow to buy from you on credit. more