The Franklin Planner is a paper-based time management system created by Hyrum W. Smith first sold in 1984 by Franklin International Institute, Inc. The planner itself is the paper component of the time management system developed by Smith. Hyrum Smith in turn based many of his ideas from the teachings of Charles Hobbs who utilized a similar instrument called The Day-Timer, which predated the Franklin Planner.
8-561: The planner pages are drilled, loose-leaf style pages in different sizes and formats. Formats have been updated through the years, but most planners contain areas for an appointment schedule, prioritized daily tasks, and notes. A key section at the rear of the planner contains addresses. Other inserts include ledger sheets for tracking finances or vehicle mileage, exercise logs, and other individualized reference materials. Smith named his planning system after Benjamin Franklin (1706–1790) who kept
16-532: A small private book, as detailed in The Autobiography of Benjamin Franklin . A core technique of the Franklin Planner system involves beginning each day with 15 minutes of "solitude and planning". The planner comes in four sizes: Because of its overall design, the Franklin Planner system lends itself to use as a tickler file , as well as a long-range planner. Most annual versions of the page inserts for
24-413: Is a permanent summary of all amounts entered in supporting journals (day books) which list individual transactions by date. Usually every transaction, or a total of a series of transactions, flows from a journal to one or more ledgers. Depending on the company's bookkeeping procedures, all journals may be totaled and the totals posted to the relevant ledger each month. At the end of the accounting period,
32-511: Is adapted from the Dutch substantive legger , properly "a book lying or remaining regularly in one place". Originally, a ledger was a large volume of scripture or service book kept in one place in church and openly accessible. According to Charles Wriothesley 's Chronicle (1538), "The curates should provide a booke of the bible in Englishe, of the largest volume, to be a ledger in the same church for
40-804: Is marketed to consumers through an e-commerce web site, a US-based call center, and a GSA government contract. Marketing channels also exist outside the United States of America. The Franklin Day Planner was first produced in 1984 by the Franklin International Institute, Inc., which later became Franklin Quest. In 1997, Franklin Quest and the Covey Leadership Center merged to become FranklinCovey. The Franklin Planner has continued to be sold under
48-457: The Franklin system include yearly calendars for at least five years; future monthly calendars for at least three years; and then the current year's pages and associated monthly calendars for planning. When used as a total package, the system provides a means of tracking minute details; storage of signed agreements (especially if pages are archived in the archival binders); and tracking of business and personal expenses for taxes. The Franklin Planner
56-526: The FranklinCovey name to this day. However, in 2008, FranklinCovey sold its Consumer Solutions Business Unit, including Franklin Planner, to a private equity firm. The parent company of the Franklin Planner is currently FC Organizational Products, LLC, which is the exclusive worldwide licensee of the FranklinCovey brand. Ledger A ledger is a book or collection of accounts in which accounting transactions are recorded. Each account has: The ledger
64-473: The company's financial statements are generated from summary totals in the ledgers. Ledgers include: For every debit recorded in a ledger, there must be a corresponding credit , so that overall the total debits equal the total credits. The term ledger stems from the English dialect forms liggen or leggen , meaning "to lie or lay" (Dutch: liggen or leggen , German: liegen or legen ); in sense, it
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