kreditpuolikko
Kreditpuolikko is a Finnish term that translates to "credit half" or "credit counterpart." It refers to the opposing side of a financial transaction in the context of accounting. When one party records a credit entry, the corresponding entry on the other party's books, or in a different ledger within the same entity, is the kreditpuolikko. This concept is fundamental to double-entry bookkeeping, where every financial transaction affects at least two accounts.
For example, if a company receives cash for a sale, the cash account is debited. The kreditpuolikko