May i know the exact difference between Sub Ledger and General Ledger

May i know the exact difference between Sub Ledger and
General Ledger

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May i know the exact difference between Sub Ledger and General Ledger..

Answer / smv

General Ledger help to prepare Financial statements and Sub ledgers help to know Vendors Information (AP), Customers Information (AR) , Assets information (AA) in SAP.

Reconciliation Accounts help to integrate GL and Sub Ledger

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May i know the exact difference between Sub Ledger and General Ledger..

Answer / chandrababu

General ledger nothing but main ledger to post the business transactions in direct. In sub ledger not possible to the direct posting to create one reconciliation account use to post the business transactions vendor accounts(ap),customer accounts(ar),asset accounting.

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