Difference Between Ledger And Chart of Accounts

 

A Ledger shows details of both permanent and temporary accounts while a chart of accounts list all of the accounts’number alongwith their account’s names.

A chart of account is applicable in accounting software in order to easily check and access Accounts on an accounting system while a ledger is prepared to show details of different types of accounts separately usually on manual accounting system.

So, a chart of accounts provide additional numbering system to access and check all accounts in a computerized accounting system while a ledger shows just details of accounts for a accounting period usually in manual system.