Double-entry bookkeeping basics

The core idea

In double-entry bookkeeping every transaction affects at least two accounts, and total debits always equal total credits. This is what keeps your balance sheet in balance and your reports trustworthy.

Valinor Ledger generates the balanced ledger entries for you behind every invoice, bill, payment, and expense, so you rarely need to think in debits and credits unless you are recording a manual journal entry.