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 ...

At the end of an accounting period, a company typically needs to post some adjusting journal entries to ensure their accounting records conform with generally accepted accounting principles. Adjusting ...

A business may have system-generated and manually entered journal entries for accounting. Some entries, such as accounts payable or payrolls, are automatically recorded in the computer system when a ...