The concept of double entry is the accounting system followed by companies to reflect and update their financial movements and transactions. Thus, the meaning of a company's double entry is linked to the accounting entries and with the accounts.
But, as a characteristic of double games, there must always be an accounting balance between debits and credits. This means that the "duty" and the "doing" have to keep a connection to regulate the assets of the company.
On the other hand, the basic rule of double entries indicates that if a person buys a product or service he will always be the debtor, while the person who has provided it, the supplier, will become the creditor.
It is important not to confuse the concept of double entry with that of double accountingSince the latter, unlike double entry, carries financial and criminal sanctions.