What is another word for PURCHASE LEDGER?

Pronunciation: [pˈɜːt͡ʃɪs lˈɛd͡ʒə] (IPA)

Purchase ledger is a financial record-keeping system used by businesses to track transactions related to purchasing goods or services. There are several synonyms for the purchase ledger such as Accounts Payable, Vendor Ledger, Supplier Ledger, and Payables Ledger. Accounts Payable is a commonly used synonym for purchase ledger that indicates the amount of money owed by a business to its vendors or suppliers. A Vendor Ledger and a Supplier Ledger are also often used interchangeably to describe the purchase ledger. Finally, Payables Ledger refers to the account of money that a company owes to its creditors. Regardless of the term used, the purchase ledger plays an essential role in managing a company's finances and ensuring timely payments to vendors and suppliers.

What are the hypernyms for Purchase ledger?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.
  • Other hypernyms:

    line of credit, accounting record, Business Ledger, Financial ledger, Record Of Transactions, Record keeping system, bookkeeping system.

Related words: purchase ledger, purchase ledger book, purchase ledger software, purchase ledger system, purchase day book

Related questions:

  • What is the purpose of a purchase ledger?
  • What is a purchase ledger?
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