Journal Entry
قيد يومية
📖 Definition
A journal entry is the recording of a financial transaction in the accounting system using debits and credits. Every entry must balance (total debits = total credits).
In everyday Saudi accounting work, journal entry matters because it affects invoice accuracy, financial reporting, tax filing, or ZATCA compliance depending on the transaction.
📖 التعريف بالعربية
قيد اليومية هو تسجيل معاملة مالية في النظام المحاسبي باستخدام المدين والدائن. يجب أن يكون كل قيد متوازناً (إجمالي المدين = إجمالي الدائن).
💡 Example
Recording a sale: Debit Cash SAR 1,150, Credit Revenue SAR 1,000, Credit VAT Payable SAR 150.
تسجيل عملية بيع: مدين النقدية 1,150 ريال، دائن الإيرادات 1,000 ريال، دائن ضريبة القيمة المضافة المستحقة 150 ريال.
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.
Automate Journal Entry with Qeemah
Qeemah accounting software handles journal entry automatically, ensuring ZATCA compliance and reducing manual work.