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Ledger Scrutiny
How should ledger scrutiny conducted?
Replies (3)
I do ledger scrutiny by going to Trail & than take opening, transation, closing balance
Than check each ledger in details
Than check each ledger in details
ledger scrutiny is nothing but verification of balance s in trail balance and idividual gen ledger account s as well subledger balances
Has to be done systematically. For example if it's a ledger of a vendor, you have to check the purchases made and the payments corresponding with it. Sales - Receipt. How much amount is outstanding and against which bill.
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