Bookkeeping

Bookkeeping

The modern accounting cycle consists of six stages, the first 3 relate to bookkeeping, ie recording, classifying, summarizing information from each of the transactions made by the company. Consequently the annotations can lead to greater order and clarity.

It is the form of existing values ​​in brackets accounting underpins the realization of economic events, recording them in the different books of account, as proof of accounting, the newspaper columnar, the greater balance and ledgers.

It is noteworthy that the voucher or voucher accounting journal is a ledger, is a document that allows you to summarize a series of operations and then move them to the books.

Thus, the bookkeeping addresses:

  * Collect

  * Register

  * Sort company operations

  * Telling in writing accounting events

  * Execute tasks according to established procedures

  * They are under control and supervision of the counter.

These days, with the advent of accounting software, bookkeeping has lapsed, the system handles only deliver complete and ready to be interpreted and analyzed.

Remember:

The bookkeeping is accounting bookkeeping, process, prepare, organize them and make them available to the company when required.

In this order of ideas, the purpose of bookkeeping is simply to achieve one of the purposes of accounting, which is a chronological record of economic events of the company.

By bookkeeping are achieved record, capture, print to a physical book or on magnetic media, the economic events that occurred or developed by the company. He manages to make the classification, organization and registration of each business operation that is precisely what accounting is concerned with bookkeeping.

It also allows the company to make available financial and accounting information over time, to be consulted, to be used in the preparation of reports, studies, analysis, and most importantly, to be used as a tool for decision making.

In short, the purpose of bookkeeping accounting allow a reality, since it is through bookkeeping that can keep track of chronological and historical everything that happens in business accounting, economic and financial .

Ref. http://www.buenastareas.com/ensayos/La-Teneduria-De-Libros/1957884.html