All documentation arriving at the accounting department must be subject to a rigorous verification process of both form and content. This takes into account the literacy of the design, the completeness of the required data and details, the legality of the operations in question, as well as linking the totality of the indicators presented there to each other. After all the necessary procedures, it is the turn of registration and economic grouping of the information received in the structure of analytical accounts. Thus, all the information about the distribution and expenditure of household assets, the sources that generated them, as well as the residual property of the enterprise come in the form of primary and summary documentation in a specific form of accounting, which is called "accounting registers".
What it is?
This is perhaps one of the most frequently asked questions from newcomers to accounting. Like any other economic concept, this term has several definitions. Here is one of them. A ledger is a specific counting table that has a specific form. As mentioned earlier, they can be built as a result of an economic grouping of data on property owned by an enterprise or organization, as well as on sources of investment for such accounting items. Such events provide an opportunity to visually display all financial transactions.
Classification
Currently, modern scientists divide the account register according to three fundamental characteristics, such as data compilation, purpose and appearance. Let us consider each of them in more detail.
1. Data compilation
Classification of credentials on this basis allows you to distinguish between integrated and non-integrated structures. Such a partition indicates that each individual register is either a deductive or inductive examination of the available information. Therefore, there are only two approaches: “from the general to the particular” and “from the particular to the general”.
2. Purpose
This criterion is divided into systematic, chronological and combined records. We give a definition to each of them. A systematic register is such a structure in which each record is performed relative to the corresponding additional grouping characteristic. At the same time, registers can be classified as chronological, in which all facts of the economic activity of the enterprise are recorded in the sequence in which they arose. It should also be noted that both of these categories complement each other and allow timely accounting of financial turnover. A combined register is a combination of the first and second type.
3. Appearance
The last of these criteria identifies several forms that accounts can take. There are four of them: cards, books, computer media and a free sheet. The book has the form of a bound, graded register, which is laced and signed by the chief accountant. Card - a printed table on a special form. The free sheet, in turn, is presented in the form of a table on a booklet form. Machine carriers are characterized in that they place information not on paper, but on magnetic media.