Double-entry accounting is a bookkeeping system that requires two entries — one debit and one credit — for every transaction. Your books are balanced when debits and credits zero each other out.

Account reconciliation made simple: what it is, how it works, and the types you need to know to close your books confidently.

You can handle day-to-day transaction entries in QuickBooks using invoices, bills, checks and other familiar forms. When you fill out these forms, however, QuickBooks is recording a journal entry ...

Double-entry accounting is a system of recording transactions in two parts, debits and credits. This method of recording business transactions allows users to avoid errors and omissions.

An example of double-entry accounting would be if a business took out a $10,000 loan and the loan was recorded in both the debit account and the credit account.

Traction Ag's new integration automates FS invoice processing and can eliminate manual data entry for farmers.

Triple-Entry Accounting. Triple-entry accounting is a scholarly concept conceived by the late Yuji Ijiri, a professor at Carnegie Mellon University.

Accrued Interest in Accounting . Entries to the general ledger for accrued interest, not received interest, usually take the form of adjusting entries offset by a receivable or payable account.