Businesses that employ double-entry bookkeeping use a general ledger to compile their financial information. Investors can review them as well as the supporting documents.

Credit card entries in the general journal depend upon when the credit card company takes its fees. If this occurs immediately, the effect is the basic double-entry that accounts for the fee and ...

Double-entry accounting is a system of recording transactions in two parts, debits and credits. Learn how to apply it here.

At its heart, AccountEdge Basic is a true double-entry accounting system, which may keep your accountant happy.