What is The Purpose of Control Ledger Account

The Primary Purpose Of Control Ledger Account

The main purpose of a Control Ledger Account is to represent relevant Subsidiary Ledger Accounts for the accounting period so that a finalized balance of a ledger account is found out.

The company may easily find out the information of an Account by seeing the control ledger account and compare it with the subsledger accounts in order to check the error or mistake, if any made in the subledgers accounts.