Transactions

Transaction Model

• Base archetype for a transaction. Defines fields, properties and configuration options.
• Invoices, Inventory Adjustments, for instance are examples of different transaction models as their purpose and details are different by definition.

Transaction

• Represents a single operation that can generate multiple entries.
• All entries from the transaction must be balanced

Entries

• It's the fundamental block for the whole system.
• Represents an accounting movement.

The following two options were presented as the base way to store entries into the system.

Entries Table Structure (Simplified)

Debit Account	Credit Account	Amount
AR	REVENUE	90
AR	VAT	10
COGS	INVENTORY	40