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Double-Entry Accounting

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What is double-entry accounting?
What is double-entry accounting?

Akaunting ships with a single-entry accounting feature set, as it’s easier to

Chart of Accounts
Chart of Accounts

Double-Entry presents you a Chart of Accounts list that shows account types

Manual Journals
Manual Journals

A manual journal is used to record any monetary movement of a

General Ledger
General Ledger

A general ledger shows all movements of the chart of accounts that

Balance Sheet
Balance Sheet

Balance Sheet shows the currents assets, receivables, debts, and capital of a

Trial Balance
Trial Balance

Trial Balance is a bookkeeping worksheet that shows whether debits and credits are

Journal Entries
Journal Entries

Journals Entries report shows all transactions that show a company’s debit and

How to enter the Opening/Starting Balance?
How to enter the Opening/Starting Balance?

An opening balance is the amount of funds in an account at

Terminology
Terminology

Assets Assets are valuable things that belong to your business. Assets can

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