purchase ledger

noun

1. commerce a record of a company's purchases of goods and services showing the amounts paid and due

Example Sentences

Accounts in the sales ledger will usually show a debit balance, while one in the purchase ledger will have a credit balance.

From Project Gutenberg

When properly handled, the voucher system does away with the purchase ledger, no ledger accounts with creditors being necessary.

From Project Gutenberg

Describe, and illustrate with the necessary forms, a system in which a purchase ledger and invoice file are combined.

From Project Gutenberg