Subsidiary Ledger definition

Subsidiary Ledger means details of an account that support the amount in the general ledger;
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Subsidiary Ledger means a special section of a cash journal by which to account for a portion of an internal fund that has been designated for a specific purpose, the balance of which must be included in the total assets of the fund.
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Subsidiary Ledger means a special section of a cash journal by which to account for a portion of an internal fund that has been designated for a specific purpose, the balance of which must be
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Examples of Subsidiary Ledger in a sentence

  • Subsidiary Ledger Differences are de- ducted if the credit union is likely to suffer a loss due to the problem.

  • The Hub/PCs record project information in the Development Application Processing (DAP) system and provide HUD Headquarters with data needed to establish the insured case in the FHA Subsidiary Ledger (FHASL) System.

  • Entries in the General Journal shall be consecutively numbered and the number shall be recorded as a part of the entry in the General Ledger or the Subsidiary Ledger.

  • II-CA.3Sample Format – Capital Asset Subsidiary Ledger........................

  • A Subsidiary Ledger shall be maintained for each cost control ledger, showing costs by budget category and object of expenditures to classify costs according to activity classifications shown in the latest approved budget.

  • Subsidiary Ledger Differences are deducted if the credit union is likely to suffer a loss due to the problem.

  • Responsibilities will include, but are not limited to; preparing General Ledger and Subsidiary Ledger postings for assigned transactions, controlling proper cut-off of all assigned transactions on an ongoing basis, preparing a final accounting of transactions where required, preparing the Annual Financial Report and audit schedules in accordance with Generally Accepted Accounting Principles.

  • ACCOUNTING FOR ACCOUNTS RECEIVABLE, BAD DEBTS & PROVISION FOR BAD/DOUBTFUL DEBTSReceivables and its Subsidiary Ledger, Accounting and Recording Bad Debts (first year and subsequent years) and its Recovery, Estimation and Valuation of Allowance/Provision for Bad and Doubtful Debts (both Income Statement and Balance Sheet Approaches of Estimation) 5.

  • General Ledger (GL) and Subsidiary Ledger (SL) accounts were carefully analyzed and manually mapped to the RCA.

  • At year-end, however, 42 General Ledger accounts with net amount of P362.735 million remained unreconciled with the Subsidiary Ledger and unverified for lack of supporting documents.


More Definitions of Subsidiary Ledger

Subsidiary Ledger means a separate set of records for recording detail transactions such as a payroll register.
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Related to Subsidiary Ledger

  • Subsidiary Loan means any loan made pursuant to a Subsidiary Loan Agreement;

  • Subsidiary Loan Party means any Subsidiary that is not a Foreign Subsidiary.

  • Foreign Subsidiary Total Assets means the total assets of the Foreign Subsidiaries, as determined on a consolidated basis in accordance with GAAP in good faith by a Responsible Officer.

  • Foreign Subsidiary Holding Company means any Subsidiary of the Company which is organized under the laws of the United States of America or any State thereof or the District of Columbia, substantially all of the assets of which consist of the Capital Stock or Indebtedness of one or more Foreign Subsidiaries (or Restricted Subsidiaries thereof) and other assets relating to an ownership interest in such Capital Stock or Indebtedness.

  • Subsidiary Loan Parties means (a) the Subsidiaries identified on Schedule I and (b) each other Subsidiary that becomes a party to this Agreement as a Subsidiary Loan Party after the Effective Date.

  • Foreign Subsidiary Holdco means any Restricted Subsidiary which is organized under the laws of the United States (as defined for purposes of Section 956 of the Code) that has no material assets other than the Capital Stock and, if any, Indebtedness of (1) one or more Foreign Subsidiaries that are “controlled foreign corporations” as defined by Section 957 of the Code or (2) any other Foreign Subsidiary Holdco.

  • Foreign Subsidiaries means each Subsidiary of a Borrower that is not a Domestic Subsidiary.

  • Subsidiary Loan Agreements means, collectively, the agreements to be entered into between each Project Municipality and its Project Company or Project Companies, as the case may be, pursuant to paragraph 6 of Schedule 2 to the Project Agreement, as the same may be amended from time to time, and such term includes all schedules and supplements to said agreements; and a “Subsidiary Loan Agreement” means, individually, any of said Subsidiary Loan Agreements.

  • Canadian Subsidiary means any Subsidiary that is organized under the laws of Canada or any province or territory thereof.

  • First Tier Foreign Subsidiary means any Foreign Subsidiary that is a “controlled foreign corporation” within the meaning of Section 957 of the Code and the Equity Interests of which are owned directly by any Credit Party.

  • Subsidiary Loan Agreement means the agreement to be entered into between the Borrower and ECTEL pursuant to Section 3.01(b) of this Agreement, as the same may be amended from time to time; and such term includes all schedules to the Subsidiary Loan Agreement;

  • UK Subsidiary means a Subsidiary organized under the laws of England and Wales.

  • Subsidiary Debtors means, collectively, Congoleum Sales, Inc. and Congoleum Fiscal, Inc.

  • Subsidiary Bank means any Subsidiary which is a Bank.

  • Unrestricted Subsidiary Indebtedness of any Unrestricted Subsidiary means Indebtedness of such Unrestricted Subsidiary

  • Subsidiary means, with respect to any specified Person:

  • Subsidiary Equity Interests has the meaning specified in Section 5.6.

  • Direct Foreign Subsidiary means a Subsidiary other than a Domestic Subsidiary a majority of whose Voting Securities, or a majority of whose Subsidiary Securities, are owned by the Borrower or a Domestic Subsidiary.

  • Foreign Subsidiary Borrower means each Borrower that is a Foreign Subsidiary.

  • Foreign Subsidiary means any Subsidiary that is not a Domestic Subsidiary.

  • Subsidiary(ies) means any other corporation, association, joint stock company, business trust, limited liability company, partnership or any other business entity of which more than fifty percent (50%) of the outstanding voting stock, share capital, membership, partnership or other interests, as the case may be, is owned either directly or indirectly by any Person or one or more of its Subsidiaries, or the management of which is otherwise controlled, directly, or indirectly through one or more intermediaries, or both, by any Person and/or its Subsidiaries. Unless otherwise specified to the contrary herein or the context otherwise requires, Subsidiary(ies) shall refer to the Subsidiary(ies) of the Borrower.

  • Accounts Receivable Subsidiary means one Unrestricted Subsidiary of the Company specifically designated as an Accounts Receivable Subsidiary for the purpose of financing the Company’s accounts receivable and provided that any such designation shall not be deemed to prohibit the Company from financing accounts receivable through any other entity, including, without limitation, any other Unrestricted Subsidiary.

  • Canadian Subsidiaries means the Subsidiaries organized under the laws of Canada or any province, territory or other political subdivision thereof.

  • Eligible Foreign Subsidiary means any Foreign Subsidiary that is approved from time to time by the Administrative Agent.

  • Subsidiary Interests means, collectively, the issued and outstanding shares of stock of the Subsidiary Debtors as of the Petition Date and any options, warrants or other contractual rights to acquire any shares of stock of the Subsidiary Debtors as of the Petition Date.

  • JV Subsidiary means any Wholly-Owned Subsidiary of the Borrower that directly holds Capital Stock of a Joint Venture.