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Why should we use double entry method in ERP

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Question added by Yousuf khan , Safety Engineer , Ibrahim Shaker Group of Companies.
Date Posted: 2013/06/08
Irshad Abdool Raman
by Irshad Abdool Raman , Manager , KFP Food Palace

Double entry is the basic accounting principle.
ERP has been created such a way that in any sub-module, be it AP, AR, INV, REV, Procurement, you cannot validate a transaction unless correct double entries have been made.
Also, in order to reconcile General ledger with sub ledgers

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