Since the man began to live in society forming the first communities and having a better organisation, the resources or goods required to control or management to provide a correct distribution or use. So it began to perform various activities to avoid losses and have the best possible performance, giving rise to what is now Accounting, one of the most useful sciences in the business world.
Accounts can be referred to as the record of the transactions. The amount debited and credited is recorded in the cash account of the company. In other words, in accounts, there is the maintenance of the record of the customer relationship.
The tool used in this Social Science is precisely the realisation of Accounts, which consists of the grouping of different Monetary Operations that are applied directly to the Equity of an entity, having different names depending on what is being analysed.
It can be known as Active and Passive, or the most well-known and applied form even in the household of Income and Expenses.
This not only allows us to elaborate a greater control of what we have available to use or what debts we must solve, but also to provide a point of view in the Investment Decision if it is possible to carry them out, allowing a fundamental tool for Growth and Development as much of a social group as it is a Company or Company where a wrong decision making can be a serious economic damage.
Each of these Accounts is subsequently collected and demonstrated in the preparation of the Accounting Books, which allows a document to be set up for subsequent Controls and Audits to verify the operations carried out.