What is a ledger balance?

A ledger balance represents the total amount of money in an account at a specific point in time. It's the running tally of all credits (deposits) and debits (withdrawals) that have been posted to the account. This differs from the <a href="https://www.wikiwhat.page/kavramlar/available%20balance">available balance</a>, which factors in pending transactions that haven't yet cleared. The ledger balance is a key component in <a href="https://www.wikiwhat.page/kavramlar/account%20reconciliation">account reconciliation</a> processes.