Businesses use accounting methods to record and monitor financial transactions, such as income, expenses, liabilities and assets. The dual or double-entry method, requires recording each transaction ...
Double-Entry Accounting: What It Means and How It Works Your email has been sent Double-entry accounting is a system of recording transactions in two parts, debits and credits. This method of ...
The double-entry system protects your small business against costly accounting errors. Many, or all, of the products featured on this page are from our advertising partners who compensate us when you ...
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What is double-entry accounting?

Double-entry accounting is the gold standard bookkeeping system for most businesses. It’s a type of bookkeeping where two accounting entries are created for each business transaction. So, each ...
The evolution of ledger systems can be traced back to the early days of human civilisation, where simple record-keeping forms were used to track transactions and assets. Over time, the development of ...
A HISTORY OF double-entry accounting? Not a sexy prospect. The very idea evokes rows of half-starved, bent-over Dickensian clerks, with visors and arthritic hands, scribbling in giant, unending ...
The first treatise on double-entry bookkeeping came from the mind and pen of Luca Pacioli. If you've ever wondered why there is a system of accounting software named after a Renaissance era ...
Edward Kellman, CEO and chief design engineer of Trakker Apps, holds two U.S. patents for an innovative take on double-entry accounting. The system, known as the Double-Entry Multi-Extrinsic-Variable ...
Modern business is almost literally unthinkable without accounting. Without it, product managers wouldn’t be able to tell if their latest gizmo was recouping its development costs, investors wouldn’t ...
Today, on National Accounting Day, innovator Edward Kellman, PE, CEO and Chief Design Engineer of Trakker Apps, is bringing renewed attention to his patented reinvention of the double-entry accounting ...