What does "double-entry" mean?

Look up the meaning, pronunciation and example sentences for "double-entry" on this page.

How do you pronounce "double-entry"?

The pronunciation is /[ˈdʌbəl ˈentrɪ]/. Listen to American and British pronunciations on this page.

[US]/[ˈdʌbəl ˈentrɪ]/

[UK]/[ˈdʌbəl ˈentrɪ]/

Frequency: Very High

n.A system of bookkeeping in which every transaction is recorded twice.
adj.Relating to or characteristic of a double-entry bookkeeping system.

Word Forms

Plural

double-entry system

double-entry bookkeeping

using double-entry

double-entry format

double-entry method

double-entry accounts

double-entry data

double-entry principle

double-entry record

double-entry process

our accounting software uses a double-entry system to track all transactions.

the double-entry bookkeeping method ensures accuracy in financial reporting.

we performed a double-entry reconciliation to verify the bank statement.

a double-entry accounting system is essential for good financial management.

the double-entry process involves recording each transaction twice.

we implemented a new double-entry system to improve efficiency.

double-entry analysis helps identify errors in the general ledger.

the double-entry approach provides a comprehensive view of finances.

we use double-entry to maintain a detailed record of assets and liabilities.

double-entry bookkeeping is a standard practice in most businesses.

the double-entry system allows for easy tracking of income and expenses.