| Description | Ledgers record transactions between the Blue Coat School and individual businesses. Ledgers are normally organised into sections by the name of the business that the school is in account with. Alternatively, ledgers can be organised by expenditure area, e.g. meat/vegetables, salaries, fuel and lighting and so on. Ledgers are different to cash books in that they record income/outcome by type or in account with certain businesses instead of chronologically (as is the case with cash books). |