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In maintaining records of regular day to day operations is it best to enter the figures at day's end so you can adjust for any discrepancies?

Trying to figure out if this is the best answer to this  question

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Andrew M. | Mathematics - Algebra a Specialty / F.I.T. Grad - B.S. w/HonorsMathematics - Algebra a Specialty / F.I....
Personally, I believe it is best to keep the paperwork
up to date throughout the day.  This will make it 
easier to catch any errors or discrepancies as they
occur and simpler to know the cause.  Also, the
bookkeeping will more likely be accurate if not 
done in a rush at the end of day with a lot of 
figures to deal with at one time.