Daily Accounts is a simple Double Entry Accounting software which let you create a Chart of Accounts and then you can enter Debit, Credit and Journal vouchers against each transaction of your real life system.

Data is stored in an MS Access database. Several Reports are available in "Reports" menu to analyze and view the data with different options.

A double-entry bookkeeping system is a set of rules for recording financial information in a financial accounting system in which every transaction or event changes at least two different nominal ledger accounts. Double-entry bookkeeping is governed by the accounting equation. If revenue equals expenses, the following (basic) equation must be true:

assets = liabilities + equity

For the accounts to remain in balance, a change in one account must be matched with a change in another account. These changes are made by debits and credits to the accounts. Note that the usage of these terms in accounting is not identical to their everyday usage.

Double-entry accounting is a standard accounting method that involves each transaction being recorded in at least two accounts, resulting in a debit to one or more accounts and a credit to one or more accounts. Double entry accounting provides a method for quickly checking accuracy because the sum of all accounts with debit balances should equal the sum of all credit balance accounts.

Daily Accounts Features:
1. Tree based Chart of Accounts Management Screen Shot
2. Debit Vouchers Screen Shot
3. Credit Vouchers Screen Shot
4. General Vouchers
5. Voucher Book Searchable Report
6. Cash book report
7. Complete multiple level user security
8. One click database backup and restore

The license of this software is Free Trial Software, the price is $50.00, you can free download and get a free trial.