The account register is a way of processing data

All documentation arriving in the accounting department must be subject to a strict procedure of checking both the form and the content. This takes into account the literacy of the design, completeness of indicating the required data and requisites, the legality of the operations in question, and the linking of the set of indicators presented there among themselves. After all necessary procedures, the registration and economic grouping of the received information in the structure of the analytical accounts comes. Thus, all information about the distribution and expenditure of economic resources, the sources that generated them, as well as the rest of the enterprise's property, are received in the form of primary and summary documentation in a specific form of accounting, called "accounting registers".

What it is?

This, perhaps, is one of the most frequently asked questions from beginners in accounting. Like any other economic concept, the term has several definitions. Here's one of them. The account register is a specific countable table that has a certain 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 sources of investment of similar accounting articles. Such events provide an opportunity to visually display all financial transactions.

Classification

At present, modern scientists divide the register of the account by three basic characteristics, such as data compilation, purpose and appearance. Let us consider each of them in detail.

1. Synthesis of data

Classification of accounting data on this feature allows us to identify integrated and non-integrated structures. Such a breakdown indicates that each single register is either deductive or inductive consideration of available information. Consequently, 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. Let's define each of them. A systematic register is a structure in which each record is executed relative to the corresponding additional grouping attribute. At the same time, to the type of chronological it is possible to include registers in which all facts of economic activity of the enterprise are recorded in the sequence in which they occurred. It should also be noted that both these categories complement each other and allow you to keep a timely record of financial turnover. Combined register is a collection of the first and second types.

3. Appearance

The last of the considered criteria identifies several forms that can take account. There are only four of them: cards, books, machine medium and a free sheet. The book has the appearance of an intertwined, rasped register, which is tied and signed by the chief accountant. The card is a printed table on a special form. The free sheet, in turn, is presented in the form of a table on a stitched letterhead. Machine carriers differ in that they place information not on paper, but on magnetic media.