VPRS 1143 Ledgers

Ledgers (Subsidiary and General)Ledgers comprise one or more accounts, each account being a statement of all transactions relating to a particular item about which the recording of changes debit and credit transactions is required. Transactions are posted to the ledger accounts from the cash books and journals. The source of the information is subsequently indicated by reference to folio numbers often accompanied by an abbreviation of the source record eg. C or CB for Cash Book, J for Journal, PC for Petty Cash Book etc. The classification of accounts is diverse and usually depends on the operations of the agency and the nature of the information required as part of the financial statements of the agency.Subsidiary ledgers are often maintained either to facilitate a division of responsibilities within a large account, or to provide a separate record of a particular account.The general ledger, however, comprises all accounts necessary for the compilation of the finance statements required by the agency. It is common for a general ledger to comprise a single account to represent the total of the individual accounts in each of the subsidiary ledgers. This device is called a control account.In 2001 VPRS 1143 was reserialised as follows:VPRS 1143/P Unit 1 to VPRS 12431 /P1 Unit 1VPRS 1143/P Unit 2 to VPRS 1143 /P Unit 1VPRS 1143/P Unit 3 to VPRS 1143 /P Unit 2VPRS 1143/P Unit 4 to VPRS 1143/P Unit 3VPRS 1143/P Unit 5 to VPRS 12433 /P1 Unit 1VPRS 1143/P Unit 6 to VPRS 12434 /P1 Unit 1VPRS 1143/P Unit 7 to VPRS 1143 /P Unit 4VPRS 1143/P Unit 8 to VPRS 12435 /P1 Unit 1VPRS 1143/P Unit 9 to VPRS 1108 / P1 Unit 1VPRS 1143/P Unit 10 to VPRS 1108 / P1 Unit 2VPRS 1143/P Unit 11 to VPRS 1143 /P Unit 5VPRS 1143/P Unit 12 to VPRS 12430 /P1 Unit 1VPRS 1143/P Unit 13 to VPRS 1109/ P1 Unit 1VPRS 1143/P Unit 14 to VPRS 12430 /P1 Unit 2VPRS 1143/P Unit 15 to VPRS 12430 /P1 Unit 3VPRS 1143/P Unit 16 to VPRS 12430 /P1 Unit 4VPRS 1143/P Unit 17 to VPRS 12430 /P1 Unit 5VPRS 1143/P Unit 18 to VPRS 12436 /P1 Unit 1VPRS 1143/P Unit 19 to VPRS 12430 /P1 Unit 6VPRS 1143/P Unit 20 to VPRS 12437 /P1 Unit 1VPRS 1143/P Unit 21 to VPRS 12430 /P1 Unit 7VPRS 1143/P Unit 22 to VPRS 12430 /P1 Unit 8VPRS 1143/P Unit 23 to VPRS 12430 /P1 Unit 9VPRS 1143/P Unit 24 to VPRS 12438 /P1 Unit 1VPRS 1143/P Unit 25 to VPRS 12438 /P1 Unit 2VPRS 1143/P Unit 26 to VPRS 12439 /P1 Unit 1VPRS 1143/P Unit 27 to VPRS 12439 /P1 Unit 2VPRS 1143/P Unit 28 to VPRS 12440 /P1 Unit 1