Meaning of “purchase ledger” in the English Dictionary


"purchase ledger" in Business English

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purchase ledgernoun [ C ]

uk us also bought ledger UK ACCOUNTING

the part of a company's accounts that shows money it owes for goods and services that it has bought in a particular period:

By recording payments you have made in the purchase ledger, you will be able to identify the amount unpaid.

(Definition of “purchase ledger” from the Cambridge Business English Dictionary © Cambridge University Press)