The Double Entry section in YoBoox is like a set of tools that helps you understand and manage your company’s money matters. Here’s how it works

Chart of Accounts
It’s like a list that categorizes different money-related activities in your company. Each category is a folder for similar types of transactions. You can also create subaccounts if you want.

Journal Account
Think of it as a diary where you write down all the money movements your company makes each day. It keeps a detailed record of every expense and income.

Ledger Summary
This is a quick overview of all the entries in your diary (Journal Account). It helps you see the total amount of money involved in different activities.

Balance Sheet
It’s like a snapshot showing how much your company owns (assets) and owes (liabilities) at a specific time. It gives you a quick view of your financial position.

Trial Balance
Think of it as a double-check. It ensures all the numbers in your accounts add up correctly. It makes sure your financial puzzle pieces fit together accurately.