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.

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 ...

Evan Tarver has 6+ years of experience in financial analysis and 5+ years as an author, editor, and copywriter. Ebony Howard is a certified public accountant and a QuickBooks ProAdvisor tax expert.

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 ...

Double-Entry Accounting: What It Means and How It Works Your email has been sent Double-entry accounting is a system of recording transactions in two parts, debits and credits. This method of ...

Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. While traditional bookkeeping software companies have started to offer banking products, the ...