Accounts payable ledger definition including break down of areas in the definition. Analyzing the definition of key term often provides more insight about concepts. Accounts payable ledger can be defined as: Subsidiary ledger listing individual creditor (supplier) accounts. Accounts payable ledger provides more information about accounts payable, accounts payable on the balance sheet or trial balance reporting how much is owed to vendors. The general ledger provides more detail by date but not by vendor. The accounts payable ledger provides more detail by vendor, the accounts payable ledger breaking out the payable amount on the balance sheet by how the company owes, by vendor, the total in the accounts payable ledger matching that on the balance sheet under accounts payable.
