The most common and accepted method of reporting total is to use the accounting principle of double-entry bookkeeping. Double-entry bookkeeping is an accounting process whereby each transaction is recorded in two places—a debit entry and a credit entry (1). This practice ensures that all entries are balanced, meaning they will always add up to zero at the end of a period. It also allows for easier management and tracking of financial transactions since all changes can be easily tracked.

Another accepted method for reporting totals is through the use of spreadsheets. Spreadsheets offer many advantages over traditional accounting software such as flexibility and scalability (2). They also allow users to quickly analyze data, create reports, and generate charts with just a few clicks. Additionally, spreadsheets are easy to use even for those who are not familiar with complicated accounting procedures or formulas.