We take you through our simple and easy-to-follow guide to find out if double-entry bookkeeping is right for your business.

Double-entry bookkeeping is a system that tracks the way funds flow within a business by accounting for transactions as transfers from one account, or bookkeeping category, to another. In double-entry ...

The double-entry bookkeeping system is commonly used in the accounting and business world to help companies keep track of financial transactions and inventory. Double-entry accounting is simply using ...

Financial accounting is a multi-step process for companies following double-entry methods. The first and most important step begins with a journal entry: the recording of financial information related ...