comma,
Plain language, please

Understand the language of your books.

Short answers to the terms you meet when you keep real double-entry books, read financial reports, and connect an AI assistant.

Bookkeeping

Chart of accounts

The chart of accounts is the organized list of every account a business uses to categorize its transactions.

Bookkeeping

Double-entry accounting

Double-entry accounting records every transaction in at least two accounts, with total debits always equal to total credits.

Bookkeeping

General ledger

The general ledger is the complete, permanent record of every posted journal entry, organized by account.

Bookkeeping

Journal entry

A journal entry is the record of a single transaction, written as one or more debit lines and one or more credit lines that sum to equal totals.

Bookkeeping

Opening Balance Equity

Opening Balance Equity is a temporary equity account used to keep the books balanced when you first enter a business's existing balances.

Bookkeeping

Void vs. delete

In a real ledger you void (reverse) a posted transaction rather than delete it, so the audit trail stays complete.

Reporting

Trial balance

A trial balance lists the ending balance of every account, with total debits equal to total credits, to confirm the books balance.

AI & automation

Model Context Protocol (MCP)

The Model Context Protocol (MCP) is an open standard that lets AI assistants securely connect to external tools and data through a well-defined interface.

Make room for what's next

Clear books. A clearer head.

30-day trial. Card required. Cancel before the first charge.

Try comma