Preview Accounting
The accounting includes the complete double entry accounting lines for both From and To side of the transaction.
The accounting lines are obtained from:
- User entered distribution entered at the transaction level.
- Balancing, also referred as intercompany accounting line, defined at intercompany balancing rules.
These tables show how the accounting is generated for each of the transaction for both provider and receiver side.
| Ledger | Account | Side | Settlement Amount | Accounted Amount | Rate Type | Rate |
|---|---|---|---|---|---|---|
| US Primary Ledger | 01-00-IC Receivable-00-00 | Dr | 10000 USD | 10000 USD | Corporate | 1 |
| US Primary Ledger | 01-000-Loan Clearing-00-00 | Cr | 10000 USD | 10000 USD | Corporate | 1 |
| Ledger | Account | Side | Settlement Amount | Accounted Amount | Rate Type | Rate |
|---|---|---|---|---|---|---|
| UK Primary Ledger | 02-00-Loan Clearing-00-00 | Dr | 10000 USD | 7900 GBP | Corporate | 0.79 |
| UK Primary Ledger | 02-000- IC Payable-00-00 | Cr | 10000 USD | 7900 GBP | Corporate | 0.79 |