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Chapter 9

4.4 Reconciling control accounts and ledger accounts

The sequence for a sales ledger control account would be as follows:

Step 1  Rework the balance on the control

account.

Step 2  Check that all totals have been
correctly transferred from the books
of prime entry to the control account.

Step 3  Recalculate the list of receivable
balances looking for errors.

Step 4  Recalculate the columns of the

books of prime entry.

If the balances are still incorrect, it will be necessary to start looking at entries in
more detail.

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