A chronological record of charges, payments, credits, adjustments, and balances for a rental account.
What rent ledger means in practice
A reliable ledger preserves the original transactions, dates, descriptions, payment methods, and allocation. Corrections should be traceable rather than silently rewriting history.
Example
The ledger shows monthly rent, a utility charge, an online payment, its allocation, and the resulting account balance.
This glossary is educational and not legal, tax, lending, or accounting advice. Rules and terminology can vary by jurisdiction and professional context.