Re:FDIC Takes over Silicon Valley Bank
by mytailorisrich on Friday March 10, 2023 @03:23PM
(#35100402)
If by 'error' you means the amount of a transaction then yes you enter it twice but that should not really increase errors.
Now, on the other hand, it is especially designed to account correctly for that amount in order to keep your accounts correct and balanced. It is be much easier to lose track of things with single-entry accounting.
Now, on the other hand, it is especially designed to account correctly for that amount in order to keep your accounts correct and balanced. It is be much easier to lose track of things with single-entry accounting.