An account register is a way of processing data
All entering the accounting departmentdocumentation must necessarily be subject to a strict verification procedure of both form and content. This takes into account the literacy of the design, the completeness of indicating the required data and requisites, the legality of the operations in question, as well as linking the aggregate of the indicators presented there to each other. After all the necessary procedures, the registration and economic grouping of the received information in the structure of the analytical accounts come. Thus, all information on the distribution and expenditure of economic resources, the sources that generated them, as well as the rest of the enterprise's property comes 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 askedquestions 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 constructed as a result of an economic grouping of data on property owned by an enterprise or organization, as well as on sources of investment of similar accounting articles. Such events provide an opportunity to visually display all financial transactions.
At present, modern scientists divide the register of the account by three fundamental 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 basisallows you 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."
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 the 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 for the timely recording of financial flows. A combined register is a collection of the first and second types.
The last of the criteriaseveral forms that can accept accounts. 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. A 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 blank. Machine carriers differ in that they place information not on paper, but on magnetic media.