Double Entry Accounting

 

Double entry accounting is based on the fact that debit dollar amounts always equal credit dollar amounts.  The terms debit and credit mean simply that debits are always shown on the left side of the account and credits are always shown on the right side of the account.  In the Resort Management System debits are also always shown as a positive amount and credits are always shown as negative amounts; therefore, the total of all debits and credits is always zero.