Meaning of “control account” in the English Dictionary


"control account" in Business English

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control accountnoun [ C ]

uk us also controlling account, also adjustment account ACCOUNTING

a main record that shows the total amounts of all the accounts listed in a subsidiary ledger (= detailed records from several different accounts):

Control accounts provide a way to cross-check subsidiary ledger accounts for accuracy.

(Definition of “control account” from the Cambridge Business English Dictionary © Cambridge University Press)