Cash bookkeeping in banks differs from that of commercial and industrial enterprises where cash is debited for receipts and credited for all dispositions. In banking an arithmetical process is used. In brief, at the commencement of the day's business there is in the vaults and tills a certain quantity of cash as a part of the assets of the bank. During the day receipts and issues are tallied by the cash-handling departments, and the balance at the close of the day determined; that is, opening balance plus all receipts, less all payments equals closing balance. This closing figure is the same, of course, as that which would be arrived at by a strict bookkeeping debit and credit process but such a process would be cumbersome in a bank, where cash is the most active asset.