book of original entry

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book of original entry

n
(Accounting & Book-keeping) another name for journal4a
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014
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In determining when tax workpapers become client records, paragraph 4 of AICPA Interpretation 501-1 states, "in some instances a member's workpapers contain information that is not reflected in the client's books and records, with the result that the client's financial information is incomplete." The original interpretation includes examples such as (1) adjusting, closing, combining or consolidating journal entries and (2) information normally contained in books of original entry and general ledger or subsidiary ledgers.
The fact that tax and depreciation carryforward schedules were specifically mentioned does not necessarily exclude other tax workpapers from being information normally contained in books of original entry. However, it would seem that, with the addition of Item (3), there is no doubt that Rule 501 covers some tax workpapers.
(a) Worksheets in lieu of books of original entry (for example, listings and disbursements on columnar working paper);