Reconciling the Purchase Ledger

Follow these steps to reconcile your Purchase Ledger:

1. Run a Schedule for the Purchase Ledger Control Account

   • Navigate to Main Menu > Accounts > Nominal Ledger > Reports > Schedule Nominal.
   • Use Nominal Code 0.0.70.2 and schedule by Purchase Ledger Account Number for a future date.

2. Generate a Creditors List

   • Go to Main Menu > Accounts > Purchase Ledger > Creditors.
   • Run the report for the same future date used in step 1.

3. Compare Reports

   • The totals and balances of individual accounts should align.
   • Correct any discrepancies by posting a nominal journal.