Simple bookkeeping method

Bookkeeping method is a method of registering economic business in the account book with words and figures by using certain units of measurement according to certain principles, bookkeeping symbols and bookkeeping rules. I have compiled some simple bookkeeping methods, and interested parents can have a look!

Simple bookkeeping cashier in order to check the accounting elements, reflect and supervise the economic activities of enterprises, it is necessary to set up accounting subjects according to certain principles and open accounts according to accounting subjects, and adopt a certain type of double bookkeeping method:

debit-credit bookkeeping

Use? Borrow? And then what? A loan? As a bookkeeping symbol, use? If there is a loan, there must be a loan, and the loan must be equal? As a bookkeeping rule, double entry bookkeeping is a common bookkeeping method in the world.

Receipt and payment bookkeeping method

Use? Accept? And then what? Pay? As a sign of bookkeeping, double-entry bookkeeping is a kind of double-entry bookkeeping developed on the basis of traditional receipt and payment bookkeeping in China, and it has stopped being used.

Increase and decrease bookkeeping method

Use? Increase? And then what? Minus sign? As a kind of bookkeeping symbol, double-entry bookkeeping was adopted by China's commercial system in the 1960s, and now it has ceased to be used.

Classification of simple bookkeeping According to the different ways of economic business registration, bookkeeping methods can be divided into single bookkeeping method and double bookkeeping method. Double entry bookkeeping is divided into debit and credit bookkeeping, increase and decrease bookkeeping and receipt and payment bookkeeping because of its different components. The debit and credit bookkeeping method is a common bookkeeping method in the world at present. Cash accounting method and debit and credit bookkeeping methods have gradually developed from single bookkeeping method to double bookkeeping method.

Single bookkeeping method

Single-entry bookkeeping is a method of recording economic business in only one account. It is an incomplete and simple bookkeeping method. This kind of bookkeeping generally only records the receipt and payment of money, the settlement of creditor's rights and debts, and sometimes records the physical objects. What information is needed and what information is registered? There is no inevitable internal relationship between accounts, and there is no concept of mutual correspondence and balance. The single bookkeeping method can only reflect one aspect of economic business, and there is no cross-checking relationship between accounting records. Therefore, it can not comprehensively and systematically reflect the ins and outs of economic business, and it is not convenient to check the correctness of accounting records.

double-entry bookkeeping

The double-entry bookkeeping method evolved from the single-entry bookkeeping method. This bookkeeping method is to register economic business in two or more accounts with the same amount. Under the double-entry bookkeeping method, every economic transaction is recorded in the corresponding account with the same amount. Therefore, there is a cross-checking relationship between accounts, so that we can know the ins and outs of each economic business, and we can also test the correctness of the account books through trial balance. Double entry bookkeeping is a scientific bookkeeping method, which is widely adopted by countries all over the world. There are many double-entry bookkeeping methods, such as debit and credit bookkeeping, increase and decrease bookkeeping, and receipt and payment bookkeeping. Among them, the receipt and payment accounting method is divided into cash receipt and payment accounting method and fund receipt and payment accounting method. China's budget accounting has long adopted the cash basis accounting method, and since 1998, all budget accounting has been changed to the debit and credit accounting method.

Remarkable characteristics of double-entry bookkeeping

First of all, it should double-entry every economic transaction in at least two interrelated accounts with the same amount;

Secondly, there is a stable relationship between the figures of all accounts, and a trial balance can be made. The characteristics of double-entry bookkeeping determine that it is a scientific bookkeeping method that can fully reflect economic activities.

Advantages of double entry bookkeeping

Dealing with economic business according to the double-entry bookkeeping principle can comprehensively record all economic business in relevant accounts, which can not only understand the ins and outs of each economic business, but also reflect the process and results of various economic activities completely and systematically through account records. At the same time, because every economic business is recorded in two or more interrelated accounts with the same amount, the relevant amounts of all accounts must be in a balanced relationship. According to this necessarily equal relationship, we can check whether the records in the account are correct, so as to find out the reasons in time and correct them.

Using double-entry bookkeeping to record all kinds of economic business, we can also understand the content of economic business through the corresponding relationship of accounts and check whether the economic business is reasonable and legal. Double entry bookkeeping plays an important role in the accounting method system. In daily accounting work, from the preparation of accounting vouchers to the registration of account books, the principle of double entry bookkeeping should be adopted.

According to the difference of bookkeeping symbols, account classification, bookkeeping rules and trial balance, double bookkeeping is mainly divided into debit and credit bookkeeping, increase and decrease bookkeeping and receipt and payment bookkeeping. Article 8 of China's newly promulgated Accounting Standards for Business Enterprises stipulates that the debit and credit bookkeeping method is adopted in accounting.

Balance formula of bookkeeping method Debit balance of all accounts = Credit balance of all accounts.

(or amount) Total (or amount) or

All capital ownership = all sources of funds

Total account balance Total account balance

Assets = liabilities+owners' equity

Assets = equity

Profit = revenue-expense