Party Ledger

User guide

Select a party and open its ledger to review transaction history and understand the account balance.

What this guide covers

Open Party Ledger

Select the correct party

Review transaction history

Use ledger information with the party

Quick facts

ProductVauPrime Lite

GuideUser focused

Primary useDaily accounting

PurposeLearn & use VauPrime Lite

User-focused documentation: this guide explains VauPrime Lite from the perspective of the person managing daily accounting and business records.

01

Open Party Ledger

Use Party Ledger from Quick Actions, select the required account and open the detailed ledger screen.

02

The selection sheet can show account names and balances so you can identify the correct customer or supplier.

03

Use the ledger to understand how sales, purchases, payments, receipts and other account entries contributed to the party balance.

04

When you need to discuss dues or account movement, review the ledger first so the conversation is based on the complete account history.

Open related VauPrime Lite guides that naturally follow this topic.

Create & Manage Parties

Create customer, supplier or other party accounts so transactions and ledgers are associated with the correct business relationship.

Payment Entry

Record outgoing money with date, voucher number, From account, To account, amount and narration, then review existing payments.

Receipt Entry

Record incoming money separately from payments so collections and account movement stay clear.