Entry (in Accounting)
The record of a single business transaction in the accounting system.
The record of a single business transaction in the accounting system.
An accounting entry is a formal record that documents a specific financial transaction in the ledger of a business. Entries usually contain information such as the date of the transaction, a brief description, the amount, and the accounts impacted. In a blockchain context, entries can be thought of as individual transactions that are recorded on the blockchain.
Recording the sale of a product in return for Bitcoin payment in the company's accounting system.
