Difference Method For Handling Accounting Errors

Direct search based on the error balance method It's called difference method. This method can be used for the following two types of account errors:

The first is omission or re recording. An account is omitted or re recorded due to negligence in bookkeeping. As long as the difference account is directly found, it will be found. This type of error is most likely to occur in several accounts with the same number in the current period, which is prone to omission or re recording.

For example, if the error difference is 1000 yuan, there are ten accounts with 1000 yuan in the current period. This allows you to repeatedly check whether the 1000 yuan account has been omitted or re recorded.

The second is cross account, which can be divided into bookkeeping cross account and subject Summarize cross account.

First, we will talk about bookkeeping and multi account. If a company has accounts receivable and accounts payable in its own company, for example, the bookkeeping voucher is debit accounts receivable of 500 yuan, but the debit accounts payable of 500 yuan is wrongly recorded in the bookkeeping of a company, which results in balance between the two sides of the balance sheet, but there is a difference of 500 yuan between accounts receivable and accounts payable when checking the general ledger and sub ledger, This can apply the difference method to accounts receivable or accounts payable account Find whether the account of 500 yuan is cross linked.

Another is that when summarizing (consolidating) accounts, the debit receivable of 500 yuan is mistakenly summarized as the loan payable of 500 yuan. Similarly, when checking the general ledger and the subsidiary ledger, the difference between these two accounts is 500 yuan at the same time. After checking, if there is no cross account in bookkeeping, it must be that there is an error in the account summary when the accounts are summarized and consolidated. It is necessary to find out and correct it.