What accounting methods are there?

According to the different ways of registering economic business, 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 bookkeeping method is a method of registering 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 double entry bookkeeping evolved from single entry bookkeeping. 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.

The debit-credit bookkeeping method is a double-entry bookkeeping method, with "debit" and "loan" as bookkeeping symbols and "where there is a loan, there must be a loan, and lending must be equal" as bookkeeping rules. It is a common accounting method in the world.

Receipt and payment bookkeeping method is a double bookkeeping method with "receipt" and "payment" as bookkeeping symbols. It is a double-entry bookkeeping method developed on the basis of the traditional receipt and payment bookkeeping method in China, and it has been discontinued.

The increase and decrease bookkeeping method is a double bookkeeping method with "increase" and "decrease" as bookkeeping symbols. It was adopted by the commercial system in the 1960s and has been discontinued.

Most financial software uses debit and credit bookkeeping, such as easy bookkeeping. Realize the right or wrong of bookkeeping through the balance of borrowing and lending.