Credits and Debits

A credit transaction represents a deposit of funds into an account, while a debit transaction is a charge to or withdrawal from an account. If you create one type of transaction to a receiver's account, the opposite type affects your account. For example, a payroll credit to an employee's account results in a debit to your funding account, or, if you send a debit to a customer's account for an invoice, the result is a credit to your account.