The Customer Ledger provides a complete overview of all financial transactions related to a customer. It helps you track invoices, payments, credit invoices, and outstanding balances in one place.
The Customer Ledger acts as a running balance for each customer. Every financial transaction registered on the customer affects the balance and gives you an up-to-date overview of the customer's financial status.
You can use the Customer Ledger to monitor customer debt, review payment history, and identify overdue amounts.
The Customer Ledger displays:
- All invoices issued to the customer
- Registered payments
- Credit invoices
- Outstanding balances
Each line in the ledger represents a financial transaction that affects the customer's balance.
The balance changes automatically based on the transactions registered for the customer:
| Transaction type | Effect on balance |
|---|---|
| Invoice | Increases the balance (amount owed by the customer) |
| Payment | Decreases the balance |
| Credit invoice | Reduces the balance |
This provides a real-time view of how much the customer currently owes.
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