It is important for both accountant and credit controller to understand the importance of keepng a proper sale ledger. In fact the sales ledger is an essential source of internal information about credit performance and it should be regularly updated for new invoices,credit notes and cash received in order to:
produce accurate management information [...]

FCCA,CA(MIA)with more than 26 years of post-qualifying working experiences. Previous working stints with one of the big accounting four,Regional GFC & Group Treasurer in a group of Malaysian and Group CFO in Singapore public listed concern.Also author to another very popular free educational accounting cum finance blog:http://basiccollegeaccounting.com under the branding of College Accounting Coach.
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