# Ledger

> Ledger — A book of accounts, each holding the entries posted to it. The general ledger holds every account; a subledger — AR, AP, fixed assets — holds the detail behind one control account and must agree to it.

Source: https://lopifi.com/glossary/ledger
Part of: Lopifi — US GAAP books on autopilot, checked by a CPA (https://lopifi.com)

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**What is ledger?** In accounting, ledger means a book of accounts, each holding the entries posted to it. The general ledger holds every account; a subledger — AR, AP, fixed assets — holds the detail behind one control account and must agree to it.

## Words this system refuses for it

- database
- spreadsheet

- **Category:** Foundations
- **Specified in:** [Lexicon](https://lopifi.com/md/docs/domain/11-lexicon)
- **Rendered by:** [ledger-table](https://lopifi.com/md/components/ledger-table), [sales-order-table](https://lopifi.com/md/components/sales-order-table)
- **Related:** control-account, general-ledger, subledger, account