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Home > QFINANCE Dictionary > Definition of sales ledger

Definition of

sales ledger

Accounting

record of total income a record of all the income received by an organization.

Related definitions of "sales ledger"

Recommended Further Reading (Term count)
  • Factoring and Invoice Discounting: Working Capital Management Options
    by Irena Jindrichovska
    Factoring is provided by financial institutions, for example banks and individual factoring brokers. It is a form of asset-based financing, where the factor provides funding based upon the values of a borrower’s accounts receivable, i.e. corporate debtors. The receivables are purchased by the factor rather than used as collateral for a loan. This means that the ownership of receivables shifts from the seller to the factor. Factoring generally...

Definitions of ’sales ledger’ and meaning of ’sales ledger’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’sales ledger’ and other financial terms with our online QFINANCE Financial Dictionary.

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