What is Sub-ledger Accounting?

Subledger Accounting (SLA) is an intermediate step between transaction processing and general ledger posting. It provides a detailed and auditable record of accounting entries before they are summarized and posted to the general ledger. SLA enables organizations to maintain detailed supporting information for their general ledger balances, facilitating reconciliation, analysis, and reporting. It is commonly used to handle complex accounting requirements, such as those related to fixed assets, leases, and revenue recognition, allowing for more granular control and flexibility in the accounting process.