How many business books are there

Business books

1. Term: according to the HGB Trading books, in commercial parlance Books. The accounting documents in the form of bound books, neatly filed loose sheets, other data carriers, provided they comply with the principles of proper bookkeeping (GoB) (§ 239 IV HGB), relief for sole traders according to § 241a HGB (Accounting Law Modernization Act (BilMoG)). Originally, double-entry bookkeeping consisted of a land register (journal), in which all business transactions were entered chronologically, and the general ledger, which contains a systematic breakdown of accounts. In most cases, this simple form is no longer sufficient today. In addition to the land register and general ledger, there are sub-ledgers such as the cash book, the purchase book and the sales book. All entries are summarized in the journal. In EDP bookkeeping in the form of memory bookkeeping, data carriers (storage media) fulfill the book function.

See also bookkeeping, bookkeeping obligation, retention obligation.

2. Right of inspection In the case of partnerships, the shareholders excluded from the management also have in the business books, especially if there is reason to assume dishonest management (§ 716 BGB, §§ 118, 166 HGB).

3. Submission The court can order the business books in the course of a legal dispute (Section 258 HGB). Properly kept books have a high probability of their content being correct in civil proceedings (evidential value of the books).

4. Business books are not subject to attachment (Section 811 No. 11 ZPO); but they belong to Insolvency estate (Section 36 II No. 1 InsO).