Meaning & use

compound entry

noun·Everyday

Last updated

UK/ˈkɒmpaʊnd ˈentri/
US/ˈkɑːmpaʊnd ˈentri/

Meanings

  1. nouncountable

    A single accounting record that combines two or more related transactions into one line or one journal entry.

    Grammar: Countable: you can say 'a compound entry' or 'compound entries'.

    Patterns

    • make a compound entry
    • record something as a compound entry

    The bookkeeper made a compound entry to record the sale and the tax in one line.

    Instead of writing two separate entries, she used a compound entry to save time.

    A compound entry often has more than one debit and more than one credit.

  2. nouncountable

    Any entry in a list, dictionary, or database that consists of two or more joined words or parts.

    Grammar: Countable: 'a compound entry' vs 'compound entries'.

    Patterns

    • a compound entry in a dictionary
    • list something as a compound entry

    In the index, 'ice cream' appears as a compound entry under I.

    The database stores each compound entry as a single searchable unit.

    Editors treat a compound entry differently from a simple one-word entry.

Word forms

pluralcompound entries

Common combinations

make a compound entry
The accountant made a compound entry to combine the two bills.
record as a compound entry
You can record the refund as a compound entry with the original sale.
compound entry in the journal
The compound entry in the journal shows both the debit and the credit.
simple entry vs compound entry
A simple entry has one debit and one credit, while a compound entry has several.

Synonyms and how they differ

combined entry
A general term; 'compound entry' is the specific accounting term for merging transactions.
multiple-part entry
Describes any entry with several parts; 'compound entry' is more technical and precise in bookkeeping.

Opposites

simple entry

Word family

compound verb
To mix or combine two or more things.
entry noun
A single item recorded in a list, book, or database.

Commonly confused: compound entry or compound interest?

compound entry vs compound interest

Interest calculated on both the original amount and accumulated interest; not related to accounting records.

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