A waste book was one of the books traditionally used in

bookkeeping Bookkeeping is the recording of financial transactions, and is part of the process of accounting in business and other organizations. It involves preparing source documents for all transactions, operations, and other events of a business. Tr ...

. It comprised a daily

diary A diary is a written or audiovisual record with discrete entries arranged by date reporting on what has happened over the course of a day or other period. Diaries have traditionally been handwritten but are now also often digital. A personal ...

of all transactions in chronological order. It differs from a daybook in that only a single waste book is kept, rather than a separate daybook for each of several categories. The waste book was intended for temporary use only; the information needed to be transcribed into a journal in order to begin to balance one's accounts. The name of the book derives from the fact that, once its information was transferred to the journal, the waste book was unneeded. The use of the waste book has declined with the advent of

double-entry accounting Double-entry bookkeeping, also known as double-entry accounting, is a method of bookkeeping that relies on a two-sided accounting entry to maintain financial information. Every entry to an account requires a corresponding and opposite entry to ...

. Waste books were also used in the tradition of the

commonplace book Commonplace books (or commonplaces) are a way to compile knowledge, usually by writing information into books. They have been kept from antiquity, and were kept particularly during the Renaissance and in the nineteenth century. Such books are simi ...

and

note-taking Note-taking (sometimes written as notetaking or note taking) is the practice of recording information from different sources and platforms. By taking notes, the writer records the essence of the information, freeing their mind from having to reca ...

. A well known example is

Isaac Newton Sir Isaac Newton (25 December 1642 – 20 March 1726/27) was an English mathematician, physicist, astronomer, alchemist, theologian, and author (described in his time as a "natural philosopher"), widely recognised as one of the grea ...

's Waste Book in which he did much of the development of the

calculus Calculus, originally called infinitesimal calculus or "the calculus of infinitesimals", is the mathematical study of continuous change, in the same way that geometry is the study of shape, and algebra is the study of generalizations of arithm ...

. Another example is that of

Georg Christoph Lichtenberg Georg Christoph Lichtenberg (1 July 1742 – 24 February 1799) was a German physicist, satirist, and Anglophile. As a scientist, he was the first to hold a professorship explicitly dedicated to experimental physics in Germany. He is remembered for ...

, who called his waste books sudelbücher, and which were known to have influenced

Leo Tolstoy Count Lev Nikolayevich TolstoyTolstoy pronounced his first name as , which corresponds to the romanization ''Lyov''. () (; russian: link=no, Лев Николаевич Толстой,In Tolstoy's day, his name was written as in pre-refor ...

Albert Einstein Albert Einstein ( ; ; 14 March 1879 – 18 April 1955) was a German-born theoretical physicist, widely acknowledged to be one of the greatest and most influential physicists of all time. Einstein is best known for developing the theory ...

, Andre Breton,

Friedrich Nietzsche Friedrich Wilhelm Nietzsche (; or ; 15 October 1844 – 25 August 1900) was a German philosopher, prose poet, cultural critic, philologist, and composer whose work has exerted a profound influence on contemporary philosophy. He began his ...

, and

Ludwig Wittgenstein Ludwig Josef Johann Wittgenstein ( ; ; 26 April 1889 – 29 April 1951) was an Austrian-British philosopher who worked primarily in logic, the philosophy of mathematics, the philosophy of mind, and the philosophy of language. He is considere ...

. In a general sense

Cicero Marcus Tullius Cicero ( ; ; 3 January 106 BC – 7 December 43 BC) was a Roman statesman, lawyer, scholar, philosopher, and academic skeptic, who tried to uphold optimate principles during the political crises that led to the estab ...

contrasted the short-lived memoranda of the merchant with the more carefully kept account book designed as a permanent record.

Francis Bacon Francis Bacon, 1st Viscount St Alban (; 22 January 1561 – 9 April 1626), also known as Lord Verulam, was an English philosopher and statesman who served as Attorney General and Lord Chancellor of England. Bacon led the advancement of both ...

compared one of his

notebooks A notebook is a small book often used for writing. Notebook or The Notebook may also refer to: Computing *Laptop, a type of personal computer *Google Notebook, a discontinued online application * Notebook interface, a type of programming environ ...

to a merchant’s waste book.

Francesco Sacchini Francesco, the Italian (and original) version of the personal name " Francis", is the most common given name among males in Italy. Notable persons with that name include: People with the given name Francesco * Francesco I (disambiguation), sev ...

recommended the use of two notebooks: “Not unlike attentive merchants... hokeep two books, one small, the other large: the first you would call '' adversaria'' or a daybook (''

ephemerides In astronomy and celestial navigation, an ephemeris (pl. ephemerides; ) is a book with tables that gives the trajectory of naturally occurring astronomical objects as well as artificial satellites in the sky, i.e., the position (and possibly ...

''), the second an account book (''calendarium'') and ledger (codex).”{{cite journal , last1=Blair , first1=Ann M. , author-link1= Ann M. Blair , title=Note taking as an art of transmission , journal=Critical Inquiry , date=2004 , volume=31 , issue=1 , page=91 , doi=10.1086/427303 , url=http://nrs.harvard.edu/urn-3:HUL.InstRepos:3226475 , access-date=1 November 2021

References

Accounting systems Note-taking