Double-entry bookkeeping system

Coordinator
Sep 24, 2009 at 1:58 AM

Accountability for .NET supports double-entry bookkeeping.

All changes to an account is recorded as either debit or credit. A transaction in turn is made up of a number of account changed. The sum of debit should be the same as the sum of credit always. That means that the transaction is in balance. Accountability for .NET validates transactions for balance.

This link has more information about what double-entry bookkeeping is about: http://en.wikipedia.org/wiki/Double-entry_bookkeeping_system.