Salient Features Of The “ACCOUNTS SYSTEM”
Ø Account Heads Entry
Ø Journal Voucher
Ø Receipt Voucher
Ø Payment Voucher
REPORTS
Ø Chart Of Accounts
Ø General Journal
Ø General Ledger
Ø Trial Balance (All levels of accounts)
Ø Bank Book
Ø Each Accounts Balances
Ø Accounts Receivable
Ø Accounts Payables
Ø Expense Bills
Ø Cheque Payments
Ø Cash Payments
Ø Cheque/Cash Receipts
Ø Income Statement
Ø Balance Sheet
Ø Notes to Accounts