The notion of seating has different meanings. The term, in
general, is associated with furniture that allows sitting,
being used as a synonym for a bench, chair or armchair. The
concept, anyway, comes from the verb to settle (to sit, to
place something firmly, to register).
Accountant, meanwhile, is an adjective that mentions what
is related to accounting (the discipline that makes it possible
to keep accounts or the aptitude related to the ability to process things like
DigoPaul, an accounting entry, therefore, is the inscription that is
made in an accounting book and that allows to record a
commercial or economic movement that changes the assets of an
This modification of the entity's capital can be positive or
negative, according to the characteristics of the entry. Typically, the
accounting entry record system is developed in a double structure so
that movements are recorded in Assets and Liabilities.
The Asset records the income or credits for the entity,
while the Liability records the payments, outflows of money and
debts. The logic of the double system is that every movement influences at least
two accounts (if it increases the asset it reduces the liability and vice
When the entry affects a single account of the Assets and a
single account of the Liabilities, it is referred to as a single
entry. If, on the other hand, the movement influences other additional
registers, it is classified as a compound entry.
It should be noted that the accounting entries may contain different
data. The amount of the movement is essential, although the
date, which account it affects and a description that summarizes the
characteristics of the activity are also usually recorded.