Home > Term: control account
control account
An account that records totals of amounts entered in a subsidiary ledger. Control accounts are used to test the accuracy of calculations and postings to ledger accounts.
There are two types of control accounts:
-Debtors control account
-Creditors control account
- Jenis Kata: noun
- Industri / Domain: Perangkat lunak
- Kategori: Erp
- Company: SAP
0
Penulis
- Kristen
- 100% positive feedback