Ledger Balance
Ledger balance is the account balance at the beginning of a business day, before any transactions are processed. It reflects all posted transactions from the previous day.
The ledger balance is also called the current balance or book balance. It doesn't include pending transactions that haven't been posted yet, which is why it may differ from your available balance.
Related Terms
Balance
A balance is the amount of money in a bank account at any given time. Banks typically report both th...
Available Balance
Available balance is the amount of money in an account that can be immediately withdrawn or used for...
Bank Statement
A bank statement is a document issued by a financial institution that summarizes all transactions in...
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