An account number is a unique identifier assigned to each customer, supplier, lender, or other entity to facilitate the tracking and management of transactions and activities associated with that entity. These account numbers can be coded in various ways and often contain relevant information about the associated entity.
The sold ledger, often referred to as the debtors' ledger, captures all transactions involving sales made on credit. It helps businesses keep track of amounts owed by customers and ensures proper management of accounts receivable.
