Sub-ledger

Roles that need it

• General Accountant
• Accounts Assistant / Bookkeeper
• Loan Operations Analyst
• Fund Accountant
• Finance Transformation Consultant

Skills it belongs to

• Accounting fundamentals (double entry)
• Order to cash and procure to pay operations
• SAP enterprise systems

Related concepts

• General ledger (GL)The general ledger is the master record of all accounts of an entity, organised by the chart of accounts, from which the trial balance and financial statements are produced. Detailed transactions often sit in sub-ledgers that post summarised entries to it.
• Account reconciliation (balance sheet reconciliation)Account reconciliation compares a ledger balance with independent evidence, such as a bank statement, a sub-ledger or a counterparty confirmation, and explains every difference. Reviewed and signed-off reconciliations are a common key control.
• Journal entryA journal entry records a transaction in the books with equal debits and credits, a date, accounts and a description. Manual journals posted at period end are a classic audit focus because they can bypass system controls.

Sources

• Directive 2013/34/EU (Accounting Directive), EUR-Lex (external site) accessed 31 Oct 2026

Updated 31 Oct 2026.