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Ledger Explanation POS

The document explains the concept of ledgers in supermarket POS systems, defining ledgers as financial accounts for tracking money related to suppliers, customers, and expenses. It outlines the structure of ledgers, including Ledger Groups, Ledger Subgroups, and Ledger Categories, which help organize and classify financial data. Examples are provided for each category to illustrate their practical application.

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Sunku Preetham
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37 views2 pages

Ledger Explanation POS

The document explains the concept of ledgers in supermarket POS systems, defining ledgers as financial accounts for tracking money related to suppliers, customers, and expenses. It outlines the structure of ledgers, including Ledger Groups, Ledger Subgroups, and Ledger Categories, which help organize and classify financial data. Examples are provided for each category to illustrate their practical application.

Uploaded by

Sunku Preetham
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Understanding Ledgers in Supermarket POS

1. What is a Ledger?
A ledger is like a financial account used to track money related to different people or purposes in a supermarket. For
example, it can track money owed to suppliers, amounts received from customers, or expenses like rent and electricity.

2. What are Ledger Groups?


Ledger Groups are the main categories used to organize ledgers. They help classify ledgers for accounting and
reporting.

Examples:
- Sundry Creditors (for suppliers)
- Sundry Debtors (for customers)
- Expenses (like electricity, rent)
- Income (sales, commissions)
- Bank Accounts (SBI, HDFC, Axis)

3. What are Ledger Subgroups?


Ledger Subgroups are more specific subcategories inside a Ledger Group. They help you further organize your
accounts.

Example:
Ledger Group: Expenses
Subgroups: Salary Expenses, Electricity Expenses, Maintenance Expenses

4. What are Ledger Categories?


Ledger Categories are like tags or labels that describe the use or behavior of a ledger. These are optional but help in
filtering and reporting.

Examples:
- Credit Supplier
- Customer Credit
- Monthly Bills
- Daily Use Expenses
- Staff Advances

5. Summary Table
Type | Description | Example
Understanding Ledgers in Supermarket POS
------------------|----------------------------------------|------------------------
Ledger | Account used for transactions | Vijaya Milk Supplier
Ledger Group | Main category of ledgers | Sundry Creditors
Ledger Subgroup | Specific type within a group | Milk Suppliers
Ledger Category | Tag/label for behavior or usage | Credit Supplier

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