Advantages of subsidiary book

The following are the advantages of subsidiary book :-
1) It enables the division of work among accounting personnel by assigning with separate books and it increases efficiency of personnel as they perform same activities daily.

2)It helps to save time and labor by recording similar type of transactions in a separate book.

3)It becomes easy to access the detailed information relating to a particular transaction as the transactions relating to one head are recorded in a separate book.

4) It helps to install internal check system as the subsidiary book maintained by a clerk is automatically checked by another clerk.

5) It helps to maintain accounts and thus avoids the necessity of journal entries.

6) The existence of separate books help in the detection of errors quickly in case of disagreement of trial balance..

Subsidiary Books

Meaning
There are numerous transactions which occur so many times in a day. It is inadequate and inconvenient to record the transaction in the book of original entry i.e. journal. Every transaction recorded in journal becomes thick, bulky, tedious and consumes more time, labour and money. So the transactions which are of repetitive nature are recorded in a separate book through special journal. Such separate book of original entry, maintained for recording the similar and repetitive types of transactions is known as subsidiary books. Also known as sub-journal or sub- division of journal, this book includes purchase book, sales book, purchase return book, sales return book and cash book.