Accounts Receivable Subsidiary Ledger: What Is It and How to Use It?

Delayed payments continue to derail small and mid-sized businesses globally.  An accounts receivable (AR) subsidiary ledger solves this by tracking individual customer transactions and payment behavior, information that a general ledger summarizes but cannot detail. Implementing and maintaining a correctly structured AR subledger empowers better credit decisions, faster reconciliation, and more effective collections.  In this […]