Accounting cycle is a step-by-step technique of recording, classification and summarization of economic transactions of a business. When events are captured, the event identifiers should be handed to the event capture APIs in the corresponding parameters. For example, if TRANSACTION_ID is mapped to SOURCE_ID_INT_1 on this window, then the value of TRANSACTION_ID have to be handed to the accounting event APIs within the SOURCE ID_INT_1 parameter.
Step four. The fourth step in the course of is to organize an unadjusted trial steadiness. This step takes info from the general ledger and transfers it onto a document displaying all account balances, … Read More