Soll- und Haben-Buchung (EN)

Debit and Credit Booking

The debit and credit booking is the basic principle of double-entry bookkeeping, where each transaction is recorded in at least two accounts with equal but opposite amounts. Asset accounts are debited when increased, while liability accounts are credited. The correct application of debit and credit sides is essential for balanced bookkeeping. An incorrect posting leads to unbalanced accounts and erroneous financial statements.

Architecture

flowchart LR     A[Transaction] --> B[Debit Account]     A --> C[Credit Account]     B --> D[Chart of Accounts]     C --> D     D --> E[Balance Sheet]     D --> F[Income Statement] 

In Context

• Typically used together with the chart of accounts
• Related to: Balance Sheet, Income Statement, double-entry bookkeeping, chart of accounts
• Example use: Purchase of goods on account (debit inventory, credit accounts payable)