What are the daughter's books?

daughter books are special magazines or books where first or original transaction records are produced before published on the appropriate accounts. They are referred to as subsidiaries because these are separate books that categorize revenue and debit in their correct areas before they will be added to the principle or main books. Entering a magazine made in primary records acts as a source of information to be used in creating specific final accounts in accounting. The primary records have many names that include the main input book, books of the original input, primary records and many others that show their function.

The most common types of accounting books are a shopping book that is used to record all credit purchases. A selling book that shows all credit sales and a cash book that records all received and paid cash. Shopping book Purchase records all purchases that have been returned to DodavaAteli, as well as a return on sales that indicates all returned items. There is also a book received by accounts that show that all the accounts paid, along with accounts for payable books that show all paid accounts such as electricity. The last books are the main magazines or magazines of the right subsidiary books that do not require access to mini magazines.

There are many advantages of using different daughter books for different items than to leave them in only one diary. The first advantage is that it helps maintain records briefly - it is impossible to manage each individual transaction in the main book as it happens.

Another advantage of using subsidiaries of accounting makes it easier to monitor transactions and avoids the mess that would happen if all different information were in one place. Separate information saves the need to provide extended details of the and US transactionIt overcomes and simply future references. The primary records are classified according to the nature of the transaction.

The third advantage is that subsidiaries reduce cases of fraud. The diary items are performed in a chronological order, which means that the data is monitored and includes detailed posts to other accounts. This means that it is almost impossible to manipulate all the books involved, but if it is done, the detection is quite simple.

Publication in primary records can be assigned to different accounting officials, so it is accurate and faster during the accounting phase. Each official plays a role and gives other records for further processing and reconciliation. This also eliminates the opportunities of fraud within businesses. It would take more than one official to successfully commit and cover.

Finally, primary records indicate separate transactions of similar nature, so the analysis is needed. This saves time and many other sources. The accuracy of records is also significantly reinforcedon, because they play a major role in determining financial health of individual society.