Creditors Reconciliation | Creditors Control & Creditors Ledger | Explained with Example

แชร์
ฝัง
  • เผยแพร่เมื่อ 7 ก.ค. 2020
  • In this accounting lesson, we explain what the creditors reconciliation is and why it is done. We also explain how to identify errors that affect the creditors control account and the creditors ledger account, errors that affect the creditors control account only, and errors that affect the creditors ledger only. We go through an example of completing a debtors reconciliation with the completion of the Creditors Control Account and reconciling it to the Creditors list.
    Debtors Reconciliation | Debtors Control Account and Debtors List | Full Example: • Debtors Reconciliation...
    General Ledger (T Accounts) | Explained with Examples | Accounting Basics: • General Ledger (T Acco...
    How to easily Remember DEBITS and CREDITS | Simple Tip | Accounting Basics: • How to easily Remember...
    Debit and Credit Explained | Accounting Basics: • Debit and Credit Expla...
    Accounting Equation Explained | Accounting For Beginners: • Accounting Equation Ba...
    General Journal Explained With Examples | Accounting Basics: • Debits & Credits in Ac...
    Check out other straight-forward examples on our channel.
    We also offer one-on-one tutorials at reasonable rates.
    Connect with us:
    Email: info@counttuts.com
    Our Website: Counttuts.com
    Our Facebook Page: / counttuts
    Support our Efforts: / counttuts

ความคิดเห็น • 41

  • @saarahamod8472
    @saarahamod8472 4 ปีที่แล้ว +110

    i am an accounting tutor and i have been using your videos as a quick recap of the content before i tutor on the subject, and your videos have been extremely helpful!! Thank you.

  • @Crime_Detective101
    @Crime_Detective101 หลายเดือนก่อน +3

    You are a champion! Super helpful stuff i wish you were my lecturer… have my exam on Monday feeling more confident after watching this

  • @sphemnyaka4233
    @sphemnyaka4233 2 ปีที่แล้ว +24

    Thank you so much. I’m writing an exam tomorrow and this was so helpful

  • @bukonkombisa2512
    @bukonkombisa2512 2 ปีที่แล้ว +14

    I'm writing ems tomorrow and for the first time, I don't feel like I'm going to fail
    Thank you so much 🥺

    • @Counttuts
      @Counttuts  2 ปีที่แล้ว +1

      All the best

  • @thamierenkie195
    @thamierenkie195 2 ปีที่แล้ว +16

    I really like the way to explain. Your so good at what you do. You dont just talk without explaining. You talk and explain at the same time. Be blessed sir thank you somuch your videos are somuch helpful

  • @originallifestylemusiq5552
    @originallifestylemusiq5552 7 หลายเดือนก่อน +12

    Here 2 hours before i enter the exam room🤝

  • @saarahamod8472
    @saarahamod8472 4 ปีที่แล้ว +23

    would it be possible for you to leave a link or the pdf of the notes you use in your videos .

  • @khanyavinjwa9249
    @khanyavinjwa9249 3 ปีที่แล้ว +8

    Thank you so much you've made this section easy

  • @mirindaafework2419
    @mirindaafework2419 3 ปีที่แล้ว +4

    I m an accountant too and yes you made it easier for recap ty

  • @user-mx5qu3kw1v
    @user-mx5qu3kw1v 2 หลายเดือนก่อน +1

    Thank you so much . I know kinda get it but I'll come back to this specific video when I have forgotten something ❤😊

  • @FlorenceT878
    @FlorenceT878 2 ปีที่แล้ว +1

    This helped so so much . Thank you !

  • @W_LYRAN
    @W_LYRAN 4 หลายเดือนก่อน +1

    Thank you for your help, I will be passing accounting because of you❤

  • @akeshjaggernath8409
    @akeshjaggernath8409 2 ปีที่แล้ว +1

    I just watched 2 of ur videos and it helps, writing accounting in a few days time😂

  • @sethephraimtetteh-quaye8508
    @sethephraimtetteh-quaye8508 2 ปีที่แล้ว

    great explanation.

  • @rangaiangelmtongerwa1110
    @rangaiangelmtongerwa1110 2 ปีที่แล้ว

    Zimbabwe 🇿🇼.... watching and learning

  • @dark-b3auty.
    @dark-b3auty. ปีที่แล้ว

    Thank you very much ❤️❤️

  • @Zack-qg8oq
    @Zack-qg8oq ปีที่แล้ว +2

    Damn fr watching all the recon videos cause I'm writing it tomorrow 😭😭

  • @mahmoudalshami1557
    @mahmoudalshami1557 ปีที่แล้ว

    Wow Great job easy to understand greeting from Yemen

  • @FaneleMabaso-wj3ki
    @FaneleMabaso-wj3ki 2 หลายเดือนก่อน

    thank you so much , youe vidoes are really helpfull .

  • @TheChannelChannel001
    @TheChannelChannel001 หลายเดือนก่อน

    Well explained. 👏

  • @burneraccount3996
    @burneraccount3996 2 ปีที่แล้ว

    Thank u

  • @urishnaidu194
    @urishnaidu194 3 ปีที่แล้ว +2

    Hi there. Please could you do the partnership accounts as well as the partnership notes?

  • @thandolwethukhaba5869
    @thandolwethukhaba5869 2 ปีที่แล้ว +1

    Can you please do a video explaining what affect the creditors ledger and creditors control

  • @masulelinyunga2085
    @masulelinyunga2085 2 ปีที่แล้ว +1

    your lessons helps but try to be slow sometimes...I really love your tutorials

  • @subhibhashanee8884
    @subhibhashanee8884 2 ปีที่แล้ว +1

    Very well explained!! By the way is creditors reconciliation required when you work with an accounting software like QB, Sage , Xero or whatever ? Thought of asking this because with an accounting software you enter purchase invoices only once and the system will create the creditor with the given supplier details and so both the creditors control account and the individual ledger account receive information from the same source and not likely to have a difference ,, thank you in advance 🙏🏽

  • @Grathie
    @Grathie หลายเดือนก่อน

    Thankyou somuch😅😢🎉

  • @aldadimakatso5163
    @aldadimakatso5163 3 ปีที่แล้ว +3

    Pls upload fixed/tangible assets lesson

  • @samuelmataboge5480
    @samuelmataboge5480 2 ปีที่แล้ว +1

    Im an.auditor and found that the reconciled items were reconciled in march for building and infrastructure. Going further i found that the same reconciled items for the same account have been reconciled again in april to december. Should it not be reconciled only in march then the following month we open with the previous balance?Is this correct?

  • @SRN-L
    @SRN-L 3 ปีที่แล้ว +1

    is this the same thing as vendor reconciliation?

  • @vinodKumar-kp8df
    @vinodKumar-kp8df 2 ปีที่แล้ว +1

    Plz upload more practical videos on vendor reconciliation

  • @nkanyisongidi3194
    @nkanyisongidi3194 2 ปีที่แล้ว +1

    wow yho wow

  • @finrstar
    @finrstar 7 หลายเดือนก่อน

    Why was the R6400 not recorded on creditors control😭

  • @Bald_Eeagle
    @Bald_Eeagle 4 ปีที่แล้ว

    hello sir, I hope you are well. can you be kind to help me with a question in account about the creditors control?
    I can email you the question.

    • @Counttuts
      @Counttuts  4 ปีที่แล้ว +2

      Good day, due to the volume of requests for help regarding student specific questions, we are not able to address them on this platform. However, you can request a session at reasonable rates with us at info@counttuts.com to address your challenges with the subject.

  • @Prof.Newton
    @Prof.Newton 9 หลายเดือนก่อน

    The wasn't clear

  • @amahlengcobo9444
    @amahlengcobo9444 2 ปีที่แล้ว

    😭🙏🙏🙏