Double entries in transactions?

Question asked by William Mason-Jones 4 weeks ago

Hello,

I'e gone through and explained all my transactions ready to send the report to my accountant, but it looks like each explained transactions has a double entry for each one - one showing debit and one showing credit? Screenshot example bellow of one income transaction.

file

Many thanks Will

Write reply1

1 Reply

Hi William,

This is the Double Entry concept which is a key principle in accounting.

Tommy

Best answer
4 weeks ago

Reply to this question

Attach images by dragging and dropping or upload
 

Your comments will be public and can be answered by anyone in the Clear Books community.

Find out what we do and who we are

Apps

Company

Social