Credit Card Ledger

The world is changing at a high pace and now cash or cheque transactions are replaced by credit and debit cards. Credit cards are either non-bank or bank charge cards that can be used for purchasing goods or services. These sources are most commonly used now for transactions by businesses and individuals.

Credit cards have evolved transactions so much in the past few years that almost everyone now prefers to use a credit card instead of cash handling. This process is convenient and safe and is preferred and appreciated by most of the people.

The problem arises with the question of recording all the transactions or record keeping. To solve this minute problem, accountants came up with a solution of setting up the credit card ledger. In this ledger, all the transactions can be recorded easily and can be used for future referencing and account keeping.

Sometimes while making a transaction via credit card, it gets difficult to keep a record of how much has been spent, for this purpose a proper ledger is advised to be maintained. By entering and updating the record regularly, the hassle of over or misuse of any amount can be tracked down. This credit card ledger is usually maintained by the credit card company and is sent to the user after a certain time. By viewing the details mentioned in it, the user can have a good look at what has he spent and how much he can use further.

The best way to keep everything recorded and not miss out on important details is advisable to use a template form. This ensures that the company follows the same pattern for every client, which is professional and convenient as well.

A typical credit card ledger is drafted in columns and rows form. The name of the user and the company is mandatory to mention. The columns will bear the date of the transaction, the amount used by the individual on that date, the name of the person or merchant to whom this transaction has been made out, and the balance after the deduction and mention of the transaction fee as these are the main elements of this ledger.

Preview and Details of Template

Credit Card Ledger Template

File: Excel (.xls) 2003+ and iPad 
Size 21 Kb