Control Accounts Tab - BC Bookkeeping Tutorials|dwmbeancounter.com

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Control Accounts Tab

Manager Menu-Tabs > Control Accounts Tab
Special Control Accounts Tab

Special Control Accounts are custom subsidiary ledgers. In Manager, subsidiary ledgers are used to record related transactions, such as those pertaining to a single customer, supplier, or type of asset or liability. They are summarized in a general ledger control account. Only the control account is reported on the Balance Sheet to reduce complexity. The balance of a control account equals the sum of balances of its constituent subsidiary ledger accounts.

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