The accounting entries issued of a wide range of business events, resource consumption and agent actions, require to be classified and logged into one general journal or more often, several specialised sub-journals, i.e. Purchase, Sales, Bank, etc., according to the organization of accounting entries capture.
The scope for this project consists in building a standard accounting journal needed for bookkeeping, accounting and auditing practices. This accounting journal will be available to, and usable for all businesses activities enabling comple-tion of business scenario. The project includes all business sizes, internal as well as de-located accounting processes, domestic and international environments, single company and corporate, and concerns all activity domains. |