What is a multilevel account book?

Multi-level account book refers to the multi-category and multi-level detailed accounting registration account book opened by the company under the same accounting account, which is used to record the details and balances of fund income and expenditure in a certain period. It is a special account book form derived from the detailed classification of account books according to the actual needs of the company. Detailed classification of account books refers to the auxiliary account books that provide detailed economic information of the general classification of account books and are used for accounting.

Because the company may account for different types of funds in the daily production and operation process, including sales business funds, financial activities funds, daily expenditure funds and so on. The application of multi-level account books can help companies to classify different types of funds and meet the needs of fine management of unit funds.