What is dobbelt bogholderi (double-entry bookkeeping)?

In short

Dobbelt bogholderi is double-entry bookkeeping: every transaction is recorded twice — as a debit on one account and a credit on another. Debits and credits must always balance.

In practice

The principle makes errors visible: if debits and credits do not match, something was posted wrong. All modern bookkeeping systems apply double-entry automatically, so you rarely notice it day to day.

Related terms

• Debet and kredit (debit & credit)
• Kontoplan (chart of accounts)
• Bogføring
• See every term in the dictionary

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