## Double Entry Accounting The double entry accounting system is a form of accounting that requires two entries for every transaction. ### Startup Terms - [Accelerator](/content/startup-terms/accelerator/index.html) - [Accredited Investor](/content/startup-terms/accredited-investor/index.html) - [Accrual Accounting](/content/startup-terms/accrual-accounting/index.html) - [Acqui-Hire](/content/startup-terms/acqui-hire/index.html) - [Administration Fee](/content/startup-terms/administration-fee/index.html) - [Aggregate Subscription Amount](/content/startup-terms/aggregate-subscription-amount/index.html) - [Amendment (Contract)](/content/startup-terms/amendment-(contract/index.html)) - [Amortization](/content/startup-terms/amortization/index.html) - [Ancillary Documents](/content/startup-terms/ancillary-documents/index.html) - [Angel Group](/content/startup-terms/angel-group/index.html) - [Angel investors](/content/startup-terms/angel-investors/index.html) - [Angel Syndicate](/content/startup-terms/angel-syndicate/index.html) - [Annual Recurring Revenue (ARR)](/content/startup-terms/annual-recurring-revenue-(arr/index.html)) - [Anti-Dilution Protection](/content/startup-terms/anti-dilution-protection/index.html) - [Arc Advance](/content/startup-terms/arc-advance/index.html) - [Arc Card](/content/startup-terms/arc-card/index.html) - [Arc Runway](/content/startup-terms/arc-runway/index.html) - [Arc Treasure](/content/startup-terms/arc-treasure/index.html) - [Asset Lite](/content/startup-terms/asset-lite/index.html) - [Authorized Shares](/content/startup-terms/authorized-shares/index.html) - [Automated Clearing House (ACH)](/content/startup-terms/automated-clearing-house-(ach/index.html)) - [Bad Debt](/content/startup-terms/bad-debt/index.html) - [Balloon Payment](/content/startup-terms/balloon-payment/index.html) - [Bank Reconciliation](/content/startup-terms/bank-reconciliation/index.html) - [Bargaining Power](/content/startup-terms/bargaining-power/index.html) - [Benchmarking](/content/startup-terms/benchmarking/index.html) - [Bills of Exchange](/content/startup-terms/bills-of-exchange/index.html) - [Binding Agreements](/content/startup-terms/binding-agreements/index.html) - [Board of Directors](/content/startup-terms/board-of-directors/index.html) - [Board Rights](/content/startup-terms/board-rights/index.html) - [Bootstrapping](/content/startup-terms/bootstrapping/index.html) - [Bottom Up Financial Model](/content/startup-terms/bottom-up-financial-model/index.html) - [Break Even Point](/content/startup-terms/break-even-point/index.html) - [Bridge Loans in 2023](/content/startup-terms/bridge-loans-in-2023/index.html) - [Bullet Loan](/content/startup-terms/bullet-loan/index.html) - [Business Fundamentals](/content/startup-terms/business-fundamentals/index.html) - [Business Loans](/content/startup-terms/business-loans/index.html) - [Buyout](/content/startup-terms/buyout/index.html) - [Cap (Capitalization Table)](/content/startup-terms/cap-(capitalization-table/index.html)) - [Cap (Convertible Note)](/content/startup-terms/cap-(convertible-note/index.html)) - [Capital Gains](/content/startup-terms/capital-gains/index.html) - [Capital Growth](/content/startup-terms/capital-growth/index.html) - [Capital Under Management](/content/startup-terms/capital-under-management/index.html) - [Cash Advance](/content/startup-terms/cash-advance/index.html) - [Cash Flow Statement](/content/startup-terms/cash-flow-statement/index.html) - [Cash Inflows](/content/startup-terms/cash-inflows/index.html) - [Cash Outflows](/content/startup-terms/cash-outflows/index.html) - [Cash Position](/content/startup-terms/cash-position/index.html) - [Certificate of Incorporation](/content/startup-terms/certificate-of-incorporation/index.html) - [Change in Control](/content/startup-terms/change-in-control/index.html) - [Churn Rate](/content/startup-terms/churn-rate/index.html) - [Cliff vesting](/content/startup-terms/cliff-vesting/index.html) - [Collateral](/content/startup-terms/collateral/index.html) - [Common Stock](/content/startup-terms/common-stock/index.html) - [Compliance Costs](/content/startup-terms/compliance-costs/index.html) - [Condition Precedent](/content/startup-terms/condition-precedent/index.html) - [Contingency](/content/startup-terms/contingency/index.html) - [Contingent Liability](/content/startup-terms/contingent-liability/index.html) - [Conversion Rights](/content/startup-terms/conversion-rights/index.html) - [Convertible Note](/content/startup-terms/convertible-note/index.html) - [Convertible Preferred Stock](/content/startup-terms/convertible-preferred-stock/index.html) - [Corporate Bond](/content/startup-terms/corporate-bond/index.html) - [Cost of Capital](/content/startup-terms/cost-of-capital/index.html) - [Covenants](/content/startup-terms/covenants/index.html) - [Credit Facility](/content/startup-terms/credit-facility/index.html) - [Credit History](/content/startup-terms/credit-history/index.html) - [Creditor](/content/startup-terms/creditor/index.html) - [Crowdfunding](/content/startup-terms/crowdfunding/index.html) - [Cumulative Dividends](/content/startup-terms/cumulative-dividends/index.html) - [Current Asset](/content/startup-terms/current-asset/index.html) - [Current Liability](/content/startup-terms/current-liability/index.html) - [Customer Acquisition Cost](/content/startup-terms/customer-acquisition-cost/index.html) - [Customer Lifetime Value (LTV or CLTV)](/content/startup-terms/customer-lifetime-value-(ltv-or-cltv/index.html)) - [Deal Lead](/content/startup-terms/deal-lead/index.html) - [Debt Consolidation](/content/startup-terms/debt-consolidation/index.html) - [Debt Financing](/content/startup-terms/debt-financing/index.html) - [Debt-to-Equity Ratio](/content/startup-terms/debt-to-equity-ratio/index.html) - [Debtor](/content/startup-terms/debtor/index.html) - [Default (Financial)](/content/startup-terms/default-(financial/index.html)) - [Default (Technical)](/content/startup-terms/default-(technical/index.html)) - [Depreciation](/content/startup-terms/depreciation/index.html) - [Dilution](/content/startup-terms/dilution/index.html) - [Dilutive Financing](/content/startup-terms/dilutive-financing/index.html) - [Direct Lender](/content/startup-terms/direct-lender/index.html) - [Dirty Term Sheets](/content/startup-terms/dirty-term-sheets/index.html) - [Disbursement](/content/startup-terms/disbursement/index.html) - [Disclosure Schedule](/content/startup-terms/disclosure-schedule/index.html) - [Discount Rate](/content/startup-terms/discount-rate/index.html) - [Disruption](/content/startup-terms/disruption/index.html) - [Dividend](/content/startup-terms/dividend/index.html) - [Double Entry Accounting](/content/startup-terms/double-entry-accounting/index.html) - [Down Round](/content/startup-terms/down-round/index.html) - [Drag-Along Rights](/content/startup-terms/drag-along-rights/index.html) - [Draw Down](/content/startup-terms/draw-down/index.html) - [Due Diligence](/content/startup-terms/due-diligence/index.html) - [Duty of Care](/content/startup-terms/duty-of-care/index.html) - [Duty Of Loyalty](/content/startup-terms/duty-of-loyalty/index.html) - [EBITA](/content/startup-terms/ebita/index.html) - [Encumbered](/content/startup-terms/encumbered/index.html) - [Equity](/content/startup-terms/equity/index.html) - [Equity Dilution](/content/startup-terms/equity-dilution/index.html) - [Equity Financing](/content/startup-terms/equity-financing/index.html) - [Exclusivity](/content/startup-terms/exclusivity/index.html) - [Exit](/content/startup-terms/exit/index.html) - [Expense](/content/startup-terms/expense/index.html) - [Facility](/content/startup-terms/facility/index.html) - [Financial Statement](/content/startup-terms/financial-statement/index.html) - [Fixed Interest Rate](/content/startup-terms/fixed-interest-rate/index.html) - [Flat Round](/content/startup-terms/flat-round/index.html) - [Float](/content/startup-terms/float/index.html) - [Flow of Funds](/content/startup-terms/flow-of-funds/index.html) - [Forecast](/content/startup-terms/forecast/index.html) - [Forgivable Loan](/content/startup-terms/forgivable-loan/index.html) - [Founders Shares (Founders Stock)](/content/startup-terms/founders-shares-(founders-stock/index.html)) - [Free Cash Flow (FCF)](/content/startup-terms/free-cash-flow-(fcf/index.html)) - [Friends and Family Round](/content/startup-terms/friends-and-family-round/index.html) - [Full Drawn Advance](/content/startup-terms/full-drawn-advance/index.html) - [Fully Diluted Shares](/content/startup-terms/fully-diluted-shares/index.html) - [Funding Round](/content/startup-terms/funding-round/index.html) - [Goodwill](/content/startup-terms/goodwill/index.html) - [Grant Award](/content/startup-terms/grant-award/index.html) - [Gross Burn Rate](/content/startup-terms/gross-burn-rate/index.html) - [Gross Income](/content/startup-terms/gross-income/index.html) - [Gross Margin](/content/startup-terms/gross-margin/index.html) - [Growth At Any Cost](/content/startup-terms/growth-at-any-cost/index.html) - [Growth Capital](/content/startup-terms/growth-capital/index.html) - [Growth Rate](/content/startup-terms/growth-rate/index.html) - [Growth Stage](/content/startup-terms/growth-stage/index.html) - [Growth Strategy](/content/startup-terms/growth-strategy/index.html) - [Guarantor](/content/startup-terms/guarantor/index.html) - [Hard Money](/content/startup-terms/hard-money/index.html) - [Hard Money Lenders](/content/startup-terms/hard-money-lenders/index.html) - [Hedge Fund](/content/startup-terms/hedge-fund/index.html) - [Indemnification](/content/startup-terms/indemnification/index.html) - [Industrial Vertical](/content/startup-terms/industrial-vertical/index.html) - [Information Rights](/content/startup-terms/information-rights/index.html) - [Insolvent](/content/startup-terms/insolvent/index.html) - [Intangible Asset](/content/startup-terms/intangible-asset/index.html) - [Intellectual Property](/content/startup-terms/intellectual-property/index.html) - [Interest Rate](/content/startup-terms/interest-rate/index.html) - [Investment](/content/startup-terms/investment/index.html) - [Investment Multiple](/content/startup-terms/investment-multiple/index.html) - [Investment Vehicle](/content/startup-terms/investment-vehicle/index.html) - [Investor](/content/startup-terms/investor/index.html) - [Investor Rights Agreement (IRA)](/content/startup-terms/investor-rights-agreement-(ira/index.html)) - [Invoice](/content/startup-terms/invoice/index.html) - [Invoice Financing](/content/startup-terms/invoice-financing/index.html) - [Issuance of Original Securities](/content/startup-terms/issuance-of-original-securities/index.html) - [Issued Shares](/content/startup-terms/issued-shares/index.html) - [Kickers](/content/startup-terms/kickers/index.html) - [Lead Investor](/content/startup-terms/lead-investor/index.html) - [Legal Fees](/content/startup-terms/legal-fees/index.html) - [Leverage](/content/startup-terms/leverage/index.html) - [Liability](/content/startup-terms/liability/index.html) - [Line of Credit](/content/startup-terms/line-of-credit/index.html) - [Liquidation Multiplier](/content/startup-terms/liquidation-multiplier/index.html) - [Liquidation Preference](/content/startup-terms/liquidation-preference/index.html) - [Liquidation Waterfall](/content/startup-terms/liquidation-waterfall/index.html) - [Liquidity Event](/content/startup-terms/liquidity-event/index.html) - [Loan in Default](/content/startup-terms/loan-in-default/index.html) - [Loan Processing Fee](/content/startup-terms/loan-processing-fee/index.html) - [Loan-to-Value Ratio (LVR)](/content/startup-terms/loan-to-value-ratio-(lvr/index.html)) - [Lock Up Period](/content/startup-terms/lock-up-period/index.html) - [Loss of Control](/content/startup-terms/loss-of-control/index.html) - [Major Investors Right](/content/startup-terms/major-investors-right/index.html) - [Management Rights Letter](/content/startup-terms/management-rights-letter/index.html) - [Mandatory Conversion](/content/startup-terms/mandatory-conversion/index.html) - [Margin](/content/startup-terms/margin/index.html) - [Mark Down](/content/startup-terms/mark-down/index.html) - [Mark Up](/content/startup-terms/mark-up/index.html) - [Market Penetration](/content/startup-terms/market-penetration/index.html) - [Maturity Date](/content/startup-terms/maturity-date/index.html) - [Merchant Cash Advance](/content/startup-terms/merchant-cash-advance/index.html) - [Mezzanine Financing](/content/startup-terms/mezzanine-financing/index.html) - [Micro Venture Capital](/content/startup-terms/micro-venture-capital/index.html) - [Microloan](/content/startup-terms/microloan/index.html) - [Most Favored Nation (MFN) Clause](/content/startup-terms/most-favored-nation-(mfn/index.html)-clause) - [Negative](/content/startup-terms/negative/index.html) - [Negative Covenant](/content/startup-terms/negative-covenant/index.html) - [Net Income](/content/startup-terms/net-income/index.html) - [Net Profit](/content/startup-terms/net-profit/index.html) - [Net Worth](/content/startup-terms/net-worth/index.html) - [No Obligation to Advance](/content/startup-terms/no-obligation-to-advance/index.html) - [Non Dilutive Funding](/content/startup-terms/non-dilutive-funding/index.html) - [Offering Period](/content/startup-terms/offering-period/index.html) - [Opportunity Cost](/content/startup-terms/opportunity-cost/index.html) - [Options Pool](/content/startup-terms/options-pool/index.html) - [Origination Fee](/content/startup-terms/origination-fee/index.html) - [Out of Pocket Costs](/content/startup-terms/out-of-pocket-costs/index.html) - [Overdraft Facility](/content/startup-terms/overdraft-facility/index.html) - [Overdraft Stake (Owners Equity)](/content/startup-terms/overdraft-stake-(owners-equity/index.html)) - [Participating Preferred](/content/startup-terms/participating-preferred/index.html) - [Payback Period](/content/startup-terms/payback-period/index.html) - [Payback Terms](/content/startup-terms/payback-terms/index.html) - [Payment-in-Kind](/content/startup-terms/payment-in-kind/index.html) - [Peer-Peer Lending](/content/startup-terms/peer-peer-lending/index.html) - [Personal Guarantees](/content/startup-terms/personal-guarantees/index.html) - [Personal Property](/content/startup-terms/personal-property/index.html) - [Petty Cash](/content/startup-terms/petty-cash/index.html) - [Pitch Competition](/content/startup-terms/pitch-competition/index.html) - [Pivot](/content/startup-terms/pivot/index.html) - [Portfolio Company](/content/startup-terms/portfolio-company/index.html) - [Post-Money Valuation](/content/startup-terms/post-money-valuation/index.html) - [Pre Seed Funding](/content/startup-terms/pre-seed-funding/index.html) - [Pre-Money Valuation](/content/startup-terms/pre-money-valuation/index.html) - [Preferred Equity (Preferred Stock)](/content/startup-terms/preferred-equity-(preferred-stock/index.html)) - [Prepayment Penalty](/content/startup-terms/prepayment-penalty/index.html) - [Priced Round](/content/startup-terms/priced-round/index.html) - [Principal](/content/startup-terms/principal/index.html) - [Private Placement Memorandum (PPM)](/content/startup-terms/private-placement-memorandum-(ppm/index.html)) - [Pro Rata Rights](/content/startup-terms/pro-rata-rights/index.html) - [Product-Market Fit](/content/startup-terms/product-market-fit/index.html) - [Profit and Loss Statement](/content/startup-terms/profit-and-loss-statement/index.html) - [Profit Margin](/content/startup-terms/profit-margin/index.html) - [Projection](/content/startup-terms/projection/index.html) - [Proof of Concept](/content/startup-terms/proof-of-concept/index.html) - [Protective Provisions](/content/startup-terms/protective-provisions/index.html) - [Prototyping](/content/startup-terms/prototyping/index.html) - [QSBS Exemption](/content/startup-terms/qsbs-exemption/index.html) - [Ratchet (Full) Dilution](/content/startup-terms/ratchet-(full/index.html)-dilution) - [Ratchet (Partial, Weighter) Dilution](/content/startup-terms/ratchet-(partial-weighter/index.html)-dilution) - [Recapitalization](/content/startup-terms/recapitalization/index.html) - [Receivable Financing](/content/startup-terms/receivable-financing/index.html) - [Receivables Factoring](/content/startup-terms/receivables-factoring/index.html) - [Recurring Revenue Lending](/content/startup-terms/recurring-revenue-lending/index.html) - [Redemption Rights](/content/startup-terms/redemption-rights/index.html) - [Refinancing](/content/startup-terms/refinancing/index.html) - [Registration Rights](/content/startup-terms/registration-rights/index.html) - [Repayment Terms](/content/startup-terms/repayment-terms/index.html) - [Representations and Warranties](/content/startup-terms/representations-and-warranties/index.html) - [Retention of Title](/content/startup-terms/retention-of-title/index.html) - [Revenue Based Financing](/content/startup-terms/revenue-based-financing/index.html) - [Revenue Sharing Note](/content/startup-terms/revenue-sharing-note/index.html) - [Right of Audit](/content/startup-terms/right-of-audit/index.html) - [Right of First Refusal](/content/startup-terms/right-of-first-refusal/index.html) - [Run Rate](/content/startup-terms/run-rate/index.html) - [Runway](/content/startup-terms/runway/index.html) - [SAFE Note (Financing)](/content/startup-terms/safe-note-(financing/index.html)) - [Scalability](/content/startup-terms/scalability/index.html) - [Secretary’s Certificate](/content/startup-terms/secretary-s-certificate/index.html) - [Securities Exchange Commission (SEC)](/content/startup-terms/securities-exchange-commission-(sec/index.html)) - [Securities Law Compliance](/content/startup-terms/securities-law-compliance/index.html) - [Seed Funding](/content/startup-terms/seed-funding/index.html) - [Senior Creditor](/content/startup-terms/senior-creditor/index.html) - [Senior Debt](/content/startup-terms/senior-debt/index.html) - [Serviceable Available Market (SAM)](/content/startup-terms/serviceable-available-market-(sam/index.html)) - [Serviceable Obtainable Market (SOM)](/content/startup-terms/serviceable-obtainable-market-(som/index.html)) - [Shareholders’ Agreement](/content/startup-terms/shareholders-agreement/index.html) - [Silent Partner](/content/startup-terms/silent-partner/index.html) - [Single Entry Bookkeeping](/content/startup-terms/single-entry-bookkeeping/index.html) - [Small Business Association (SBA)](/content/startup-terms/small-business-association-(sba/index.html)) - [Small Business Association Loan](/content/startup-terms/small-business-association-loan/index.html) - [Small Business Innovation Research (SBIR)](/content/startup-terms/small-business-innovation-research-(sbir/index.html)) - [Soft Landing](/content/startup-terms/soft-landing/index.html) - [Software as a Service (SaaS)](/content/startup-terms/software-as-a-service-(saas/index.html)) - [Software Startup](/content/startup-terms/software-startup/index.html) - [Stand-Alone Convertible Note](/content/startup-terms/stand-alone-convertible-note/index.html) - [Start-up Capital](/content/startup-terms/start-up-capital/index.html) - [Startup Advisor](/content/startup-terms/startup-advisor/index.html) - [Startup Incubator](/content/startup-terms/startup-incubator/index.html) - [Stock Purchasing Agreement](/content/startup-terms/stock-purchasing-agreement/index.html) - [Strategic Investor](/content/startup-terms/strategic-investor/index.html) - [Strike Price](/content/startup-terms/strike-price/index.html) - [Success Fee](/content/startup-terms/success-fee/index.html) - [Sweat Equity](/content/startup-terms/sweat-equity/index.html) - [Target Rate of Return](/content/startup-terms/target-rate-of-return/index.html) - [Tender Offer](/content/startup-terms/tender-offer/index.html) - [Term Loan](/content/startup-terms/term-loan/index.html) - [Term Sheet](/content/startup-terms/term-sheet/index.html) - [Terminal Value](/content/startup-terms/terminal-value/index.html) - [The 7(a) Loans](/content/startup-terms/the-7(a/index.html)-loans) - [The 83(b) Election](/content/startup-terms/the-83(b/index.html)-election) - [The 409a Valuation](/content/startup-terms/the-409a-valuation/index.html) - [The 504 Loans](/content/startup-terms/the-504-loans/index.html) - [Top-Down Forecasting](/content/startup-terms/top-down-forecasting/index.html) - [Total Addressable Market (TAM)](/content/startup-terms/total-addressable-market-(tam/index.html)) - [Trajectory Growth Funding](/content/startup-terms/trajectory-growth-funding/index.html) - [Underwriter](/content/startup-terms/underwriter/index.html) - [Underwriting](/content/startup-terms/underwriting/index.html) - [Underwriting Fee](/content/startup-terms/underwriting-fee/index.html) - [Use of Proceeds Document](/content/startup-terms/use-of-proceeds-document/index.html) - [Valley of Death](/content/startup-terms/valley-of-death/index.html) - [Valuation Cap](/content/startup-terms/valuation-cap/index.html) - [Valuation Diverge](/content/startup-terms/valuation-diverge/index.html) - [Variable Interest](/content/startup-terms/variable-interest/index.html) - [Venture Capital](/content/startup-terms/venture-capital/index.html) - [Venture Debt](/content/startup-terms/venture-debt/index.html) - [Vesting Schedule](/content/startup-terms/vesting-schedule/index.html) - [Veto Rights](/content/startup-terms/veto-rights/index.html) - [Voluntary Conversion](/content/startup-terms/voluntary-conversion/index.html) - [Voting Rights](/content/startup-terms/voting-rights/index.html) - [Vulture Capitalist](/content/startup-terms/vulture-capitalist/index.html) - [Warrant](/content/startup-terms/warrant/index.html) - [Warrant Coverage](/content/startup-terms/warrant-coverage/index.html) - [Waterfall Equity](/content/startup-terms/waterfall-equity/index.html) - [Wire Transfer](/content/startup-terms/wire-transfer/index.html) - [Working Capital](/content/startup-terms/working-capital/index.html) - [X-Mark Signature](/content/startup-terms/x-mark-signature/index.html) - [Yield](/content/startup-terms/yield/index.html) - [Yield Advantage](/content/startup-terms/yield-advantage/index.html) - [Yield Basis](/content/startup-terms/yield-basis/index.html) - [Yield Curve](/content/startup-terms/yield-curve/index.html) - [Yield Spread](/content/startup-terms/yield-spread/index.html) - [Z-Tranche](/content/startup-terms/z-tranche/index.html) - [Zero Balance Account](/content/startup-terms/zero-balance-account/index.html) - [Zero Based Budgeting](/content/startup-terms/zero-based-budgeting/index.html) - [Zombie Bank](/content/startup-terms/zombie-bank/index.html) - [Zombie Company](/content/startup-terms/zombie-company/index.html) - [Zombie Debt](/content/startup-terms/zombie-debt/index.html)