1′ It is the first book of entry’

2′ Once the transaction is originating, is recorded in the register

3′ Transactions are recorded in order of appearance, ie, strictly in order of dates’

4′ Story (brief description) is prepared for each entry’

5′ Folio ledger is written

6′ The information can not be determined easily, for example, cash in hand can not be found easily’

7′ The final accounts can be obtained directly from the newspapers’

8′ Accuracy of the books can not be tested’

9′ Debit and credit are recorded in the adjacent columns’

10′ Two columns of newspapers for a total flow of credit to another quantity’

11′ Journal is not balanced’

12′ With the computerization of accounting journal can not be used for transactions such as income, purchases, sales, etc’

Ledger

1′ The final product of the input’

2′ Transactions are displayed in the same after the general ledger were recorded in the register’

3′ Transactions are classified according to the nature and fall into the accounts’

4′ The story is not necessary’

5′ Folio magazine or newspaper in the letter’

6′ As the nature of the transactions are grouped in one place relevant information can be determined’

7′ Ledger is the foundation for the preparation of final accounts’

8′ Accuracy is tested through the list of books balance’

9′ Debit and credit are recorded on both sides of two different accounts’

10′ Ledger in two parts: left side right side of credit is a debit’

11′ Any account in the book is balanced in a timely manner’

12′ The general ledger can not be avoided’ However, it may be loose or a piece of log book’ Larger one indispensable book’

In these days of instant payment that you believe that the problem of arrears of rates is a major problem’ Unfortunately, the days of instant payment does not coincide with the days of red tape, without the purchase ledger accounting’ Companies have their own internal rules on the collection of claims and May to take over 90 days to remove all obstacles’ Although this is probably one of the best reasons for the issuing of invitations to delegates from companies with more than three months before the event, which leaves you with the dilemma of what to do with the failure of the delegates’

The answer, like all financial matters, is to have a set of standards that the contracts are sent to the production of documents, the confirmation of registration, assembly instructions and other communications that you share their delegates in May’ There is nothing complicated about the wording, you all been? If payment is not received 21 days before the event, will not be a place reserved for the delegation?’ Choose your time realistically, if you alienate potential participants in May, knowing that his department can not meet the criteria’

Appoint an administrator of your computer as a credit analyst to keep an eye on late payments and do their job to make calls more often to ask how to delegate the payment is in progress’ This pressure is usually only expedite payment to the delegate does not want to lose their place in the event and its use to the payment terms coax money from the accounts’
What to do about late payment

In extreme cases, delegates will make their powerlessness against the moneyman who are against any party with the child in turn’ This is your opportunity to be magnanimous and allow delegates to attend the event and bring a check or cash with them, even deliver to the door’

Note that the bad debt in Australia can be measured in trillions of dollars each year and the main reason is poor management of debt, which means that people often are not sufficient to allay buyers offenders’

Therefore, be tough and strong, an event is an instant product, consumed as it is done’ If you receive your payment, a comment that you can afford, perhaps, of all players who are providing goods and services to make this event a success? You can not ask for the product will be refunded’

Be polite and understanding, he has a place on one side of an event or one-on-one counseling as an alternative’ Be as flexible as possible, but soon non-compliance by the relaxation of the rules of your organization who can not get their act together’

The assertion that the records of the operations of the parents in one location to a particular topic is known as the account’ The book contains all general ledger accounts are known and the procedure for the preparation of these accounts is called the screen’

The book is the most important book of the account and the fate of the entries made in the Official Journals or sub-divided’ This is a collection of three types of accounts – personal, real and nominal’ If you are faced with questions such as:

- How much should a client?

- What is the amount you pay for all of your suppliers?

- What is the quantity of goods purchased by you during the period of time?

- How many sales you have touched, for example, three months?

- What were your expenses, for example, the labor force during the period?

Then the easiest and fastest way to determine the relevant information back to his great book, find the balance A customer / supplier co A / oc Shopping / c or sell a / c salaries or A / C’

How to Write Better

We must maintain the general ledger accounts’ Each account is assigned one or more pages, depending on demand’ The ledger is usually held in each of these two alternatives’ First option applies in cases where the balance after each transaction, such as banks’

Second option is to follow in cases where the balance should be periodically, eg after a month or every quarter’ In his study of the keeping of books and accounts of T-shape shall be used (two alternatives)’

These transactions are recorded in the ledger in the order of dates’ Each entry must be dated, which is shown in the column of days’ This is the first column to the left of each side of the account’

Enter the amount on the left side of the account, the paper burden and the record on the right side of the account, the magazine is to be credited (using “quantity columns for this purpose)’ In each account in the ledger on the rate of input (left) and part begins with the word “a” and a credit (the main right) part of the word “Al”‘ The column details are referred to another account in question to provide cross-references’ In column folio “is entered on the page of the magazine (or newspaper page split) that the entry was published in the newspaper and column folio, page number of the big book that is written about it seems relevant’

Following the procedure for registration of entries in the ledger, in fact, the amount in this account of receipt of the benefit in the form of cash or goods flow and the inculcation c ie, giving the advantage to receive the credits’

The author is an engineering graduate, BE (Hons), and manages its own software development company, HiTech Services, which focuses on accounting, billing and inventory control software for traders, industries, business houses, hotels, hospitals, medical supplies, newspapers, magazines, petrol pumps, automobile dealers, brokers and other sectors, the website of Web applications deveopment business’ The software is available both for intranet and Internet’ This software is available for download at: