📄️ Group Summary
An Accounts Group Summary is a consolidated report that provides an overview of the financial status and performance of a specific group of accounts. It summarizes key financial data, including balances, transactions, and trends, to aid in analysis and decision-making.
📄️ Ledger Summary
A ledger summary provides an overview of a company's financial transactions, showing account balances and totals for a specific period. It consolidates debits, credits, and account balances for reporting and analysis.
📄️ Cash Book
A Cash Book is a financial journal used to record all cash transactions made by a business or organization. It serves as a subsidiary book to the main ledger, specifically designed to track cash inflows and outflows. Every time cash is received or paid, the transaction is recorded in the cash book.
📄️ Bank Book
A Bank Book is a financial record that tracks all transactions related to a company's bank account. It functions as a detailed ledger, where all deposits, withdrawals, and other banking activities are recorded, ensuring that the company's cash flow is accurately monitored.