What is Purchases Control Ledger

A Purchases Control Ledger is used to show the sum or total of Purchases Subsidiary Ledgers or list of  suppliers or vendors from whom the company made Credit Purchases. So, it is a master account of all of the Purchases subledgers accounts’ balances.

The closing balance of purchases control ledger must be matched with the total of balances of purchases subsdiary ledgers accounts otherwise, there are some mistakes, errors or frauds which must be resolved by matching these two Types of Ledgers that is a reconciliation process.