Journal Entry Generator
Correct journal entries for any transaction — debit and credit ready with VAT, perfect for accountants and trainees
Select transaction type
Select a transaction type to generate its entry.
Journal Entry
2026-09-06
Select a transaction type and enter the amount to see the entry.
| Account | Debit | Credit |
|---|---|---|
| — No entry yet — | ||
| Total | 0.00 | 0.00 |
Double-Entry Bookkeeping Rules
Every accounting transaction has two equal sides: debit and credit. Totals must always match. Accounts fall into five main categories:
- Assets: Cash, bank, AR, inventory, fixed assets — increase on debit, decrease on credit
- Liabilities: AP, loans, accrued wages — increase on credit, decrease on debit
- Equity: Capital, retained earnings — increase on credit, decrease on debit
- Revenue: Sales, service income — increase on credit
- Expenses: Salaries, rent, depreciation — increase on debit
Frequently Asked Questions
What is double-entry bookkeeping? +
Every accounting transaction has two equal sides: debit and credit. Totals must always match — that is the double-entry rule.
What is the difference between debit and credit? +
Assets and expenses increase on debit. Liabilities, equity and revenue increase on credit.
Does the tool auto-compute VAT? +
Yes — for VAT-eligible transactions (sales, purchases, rent), VAT is split automatically in the entry.
Does it include GOSI on salaries? +
Yes — when you select "Salary Payment" and enable GOSI for Saudi employees, the entry includes the 9.75% deduction automatically.
Daqiq automates this
One entry written manually? Daqiq auto-generates all your entries
Every invoice or payment produces its double entry — a full journal without manual work.
14 days free
No credit card
Setup in 5 minutes
Arabic support
Join 0+ Saudi businesses already on Daqiq
Other Free Tools You May Like
All Daqiq tools are 100% free, no signup required