Source Documents

What Are Source Documents?

A source document is a document containing details about a business transaction.

How it Works

Prior to computerized accounting, businesses recorded their transactions in journals.

The information for these journals came from source documents.

These documents include things like invoices, checks, credit notes etc.

Most of them were for regular day-to-day type transactions, requiring routine processing.

​Some, though, required different processing.

Each day, somebody had to sort through the source documents and classify them.

​Regular accounts staff will be able to process most of them.

Others, however, will need to be processed by senior staff or the accountant.

© R.J. Hickman 2020