To my friends in the economics profession and business journalists: why do you keep insisting on single-entry bookkeeping? Your forecasts of bulging inflation and sinking recession are way too gloomy.

The triple-entry accounting system is a concept that emerged with the advent of blockchains. This new approach to accounting has the potential to transform the way transactions are recorded and ...

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 ...

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 ...

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 ...

Good bookkeeping is necessary to have the financial information you need to make sound business decisions. Many, or all, of the products featured on this page are from our advertising partners who ...

Discover how double-entry bookkeeping maintains financial balance through debits and credits in a general ledger. Understand ...