What is a “daybook” in Accounting?
Daybook means where we record every day’s expenses along with all these things. How much money is spent and how much money is received in a day is recorded in it. The book is a very good thing to record where we keep all our things. We keep accounts and get many benefits from it. This lets us know how much we earn and spend in a day. This helps our business to do more work. It shows the way of working that we are spending so much money, what should we spend it on and what should we not spend it on, if our income was what it was last month and how much it is now, we calculate it all, it is called Daybook. Many businessmen who have required day book maintenance. We get the Daybook maintained and this company maintains the D-book of all of you. A book in which we note all the transactions and everything is included in it like purchases, sales, bank transactions, income, expenses, and many more. It is also known as the Subsidiary Book. This is an entry where we keep track of all the things.
Note — A Subsidiary book, sometimes known as a Day book, is a book that contains original entries. The records of comparable transactions are kept in subsidiary books. There are six different types of subsidiary books that an organization keeps. Cash books, Purchase books, Purchase Return books, Sales books, Sales return books, and Journal papers are the different types of books.
Auriga Accounting Using Day-book in Accounting
When I am talking about Auriga Accounting I want to say that the company maintains a day book of all its clients in which each client has a person assigned, they talk to the client every day after they maintain the Daybook and along with noting down maintain all those things in which the client keeps all his things in front of him like his expenses, his Along with their income, the Auriga Accounting also tells you from whom you have to take how much money Auriga Accounting not only prepares a complete ledger but also keeps track of the money as the client always knows that he is getting money from someone. How much money is to be taken and when to take it many such types of money come into the client’s bank and they do not know where this money comes from and how much is with the company. It also takes care of these things so that it can be known from where the money is coming, what is its source, and where we have to show that money. You can get all these things in only one place Auriga Accounting.
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