Accounting Treatment Method Based On Multi Column Journal Entries And General Ledger Accounts

In accordance with the general ledger for multi column cash account and bank deposit journal, there are two ways to handle accounting pactions: the first way: the cashier will register the cash journal and expense journal daily by cash register and receipts from the cashier on the basis of the collected payment vouchers. The total amount of expenditure on the daily journal should be recorded daily and pferred to the income Journal for the total amount of the book balance.

Accountants should strengthen the inspection and supervision of multi column cash and bank deposit journal entries, and be responsible for registering general ledger accounts at the end of the month according to the total number of columns in multi column cash and bank deposit journal columns.

There are second ways to do this: set up cash register and bank deposit register book, and register by cashier on the basis of the collected payment voucher after verification, so as to grasp the situation of cash in cash and check the receipts and payments in time with the bank. Then, collect and pay the credentials to the accountants to collect and register multi column cash and bank deposit journal daily, and register the general ledger according to the multi column journal at the end of the month.

The cashier register is checked with the multi column cash and bank account journal.

The first practice can simplify accounting, and the second approach can strengthen internal restraint.

In short, using multi column cash and bank journal can reduce the compilation of receipts, simplify the general ledger registration, and clearly reflect the corresponding relationship between accounts, and understand the ins and outs of cash and bank account receipts and payments.