Law of Commercial Books
Art. 3Status unknownSaudi ArabiaRegulation
Issued by Ministry of Investment (misa.gov.sa)
All financial transactions and personal withdrawals carried out by the merchant
shall be entered in detail in the original journal on a daily basis, except for
personal withdrawals which may be entered in total on a monthly basis. The
merchant may also use subsidiary journals to enter details of different kinds of
financial transactions; in such case, only the total of the transactions shall be
entered in the original journal on a regular basis. If this procedure is not
followed, each subsidiary journal shall be deemed an original journal.
The Arabic text is the legally binding version. The English translation is provided for guidance only.
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