The Deshi Nama System is an ancient accounting method that predates the double entry system. It utilizes books known as Wahi, written in regional languages, making it accessible and easy to understand. This system is characterized by its unique format, including specific pages for worship and the use of traditional ink. It is commonly maintained according to the Vikram Samvat calendar, aligning with financial year practices. Ideal for students and professionals interested in historical accounting methods, this overview covers key features and practices of the Deshi Nama System.

Key Points

  • Deshi Nama System is an ancient accounting method predating double entry accounting.
  • Books in Deshi Nama are known as Wahi and are often covered in red cloth.
  • The system is maintained according to the Vikram Samvat calendar and modern financial year.
  • Unique features include a puja page for worship and specific ink usage.
Khushi Tirthani
Author:Talreja Deepak Sir
16 pages
Language:Hindi
Type:Lecture Notes
Accounting
Khushi Tirthani
Author:Talreja Deepak Sir
16 pages
Language:Hindi
Type:Lecture Notes
Accounting
243
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PREPARED BY: TALREJA DEEPAK SIR
1.Introduction :
v Two methods of writing accounts are prevalent :
(1) Double Entry system and (2) Deshinama System.
v Deshi nama system is a very old system.
v This system is older than double entry system.
v In this system the books are known as Wahi and
therefore this system is also known as “Wahl Khata
paddhati'.
v This system is written in the regional language.
However, the system is very old, it is a scientific and
complete method. It is very easy to write and
understand the accounts by Deshi Nama System.
PREPARED BY : TALREJA DEEPAK SIR
2. Characteristics of Deshi Nama
System : Characteristics of deshi nama
system are as under :
1) Books : The books under deshi nama
are covered with the red cloth and are
hard bound. A design is made on this
cover by thick string. These books are
in the vertical form and contain plain
white blank sheets tied with strings.
However, now a days simple books of
accounts, with lined pages are also in
use.
PREPARED BY : TALREJA DEEPAK SIR
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End of Document
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Figures

Deshi Nama System Overview and Characteristics — PREPARED BY: TALREJA DEEPAK SIR
Deshi Nama System Overview and Characteristics — PREPARED BY: TALREJA DEEPAK SIR
Deshi Nama System Overview and Characteristics — PREPARED BY: TALREJA DEEPAK SIR
Deshi Nama System Overview and Characteristics — PREPARED BY: TALREJA DEEPAK SIR
Deshi Nama System Overview and Characteristics — PREPARED BY: TALREJA DEEPAK SIR
Deshi Nama System Overview and Characteristics — PREPARED BY: TALREJA DEEPAK SIR
Deshi Nama System Overview and Characteristics — PREPARED BY: TALREJA DEEPAK SIR
Deshi Nama System Overview and Characteristics — PREPARED BY: TALREJA DEEPAK SIR
Deshi Nama System Overview and Characteristics — PREPARED BY: TALREJA DEEPAK SIR
PREPARED BY : TALREJA DEEPAK SIR

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FAQs

What are the two methods of writing accounts mentioned in the document?
The document identifies two prevalent methods of writing accounts: the Double Entry system and the Deshi Nama System. The Deshi Nama System is noted to be very old and predates the Double Entry system. It is also referred to as 'Wahl Khata paddhati' and is written in the regional language, making it easier to understand and use.
What are the characteristics of the Deshi Nama System?
The Deshi Nama System has several key characteristics. Firstly, the books used are typically covered with red cloth and hardbound, featuring a design made with thick string. Additionally, it is maintained for a Vikram Samvat year, starting from Kartak sud 1 to Aso vad 30, or according to income tax rules from April 1 to March 31. The first page often contains a prayer to God, and entries are made with the prefix 'Shri' to signify respect.
How is the credit and debit side organized in the Deshi Nama System?
In the Deshi Nama System, the books are structured with a total of eight folds. The first four folds on the left-hand side are designated as the Jama (credit) side, while the remaining four folds on the right-hand side are known as the Udhar (debit) side. This organization helps in clearly distinguishing between credits and debits in financial transactions.
What is the significance of the 'puja page' in the Deshi Nama System?
The 'puja page' in the Deshi Nama System is significant as it is the first page of the Rojmal or Bethomel where the businessman writes a prayer to God, such as 'Shri Ganeshay Namah.' This page serves a ceremonial purpose, and importantly, no accounting entries are recorded on it, emphasizing the spiritual aspect of the accounting process.
What is the method of writing amounts in the Deshi Nama books?
When entering amounts in Deshi Nama books, a sign known as 'Holayo' or 'Olayo' is placed between the rupee and paise amounts. In contemporary practice, many businessmen use the equality sign (=) instead. For example, an amount may be written as 121 25 or 121=25, indicating one hundred twenty-one rupees and twenty-five paise.
What language is used in the Deshi Nama System?
The Deshi Nama System is characterized by the use of the regional language for writing accounts. For instance, in Gujarat, the Deshi Nama is written in Gujarati. This practice makes the accounting process more accessible and understandable for local businessmen.

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