Double-entry bookkeeping

Meaning

Double-entry bookkeeping is a standard accounting practice, where transactions are recorded in at least two places in your accounts.

Key points

• Double-entry bookkeeping appears frequently in invoicing, payment handling, and bookkeeping workflows.
• The term improves clarity between clients, suppliers, and accounting teams.
• Consistent use supports cleaner documentation and better reporting quality.

Practical use

In Nexbal workflows, double-entry bookkeeping is used to keep invoice and payment operations structured and auditable.