Accounting

Double-Entry Bookkeeping

القيد المزدوج

📖 Definition

Double-entry bookkeeping is the accounting method where every transaction is recorded in at least two accounts: a debit and a credit. Total debits must always equal total credits, ensuring accuracy.

In everyday Saudi accounting work, double-entry bookkeeping matters because it affects invoice accuracy, financial reporting, tax filing, or ZATCA compliance depending on the transaction.

📖 التعريف بالعربية

القيد المزدوج هو الطريقة المحاسبية التي يُسجل فيها كل معاملة في حسابين على الأقل: مدين ودائن. إجمالي المدين يجب أن يساوي دائماً إجمالي الدائن، مما يضمن الدقة.

💡 Example

Cash sale of SAR 1,150: Debit Cash 1,150 / Credit Revenue 1,000 + Credit VAT Payable 150. Both sides balance.

بيع نقدي 1,150 ريال: مدين النقدية 1,150 / دائن الإيرادات 1,000 + دائن ضريبة مستحقة 150. الطرفان متوازنان.

When this term matters

Invoices

Use the correct term and value before issuing ZATCA-compliant invoices or credit notes.

Reports

Map it to the right account, tax field, or compliance report to avoid reconciliation gaps.

Compliance

Keep the Arabic and English meaning aligned when working with auditors, ZATCA, or customers.

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Qeemah accounting software handles double-entry bookkeeping automatically, ensuring ZATCA compliance and reducing manual work.

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