They should daily maintain an income-expenditure analysis of their business and social affairs. The daily accounts should be written (prepared) in their own handwriting to avoid deceit or fraud at the hands of others. Rajadharma explains, ‘Those who do not keep daily accounts, or who maintain illegible accounts can be accused of wrong doing in financial matters by the deceitful. Such people can swindle money from you and thus cause your downfall.’
Proper accounts are vital, especially in businesses in this day and age. Those who do not keep a record in this manner put themselves at risk of ruin.