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Transaction Types

Transaction type is an entity that groups transactions together and defines common rules. For example, when running a business with multiple online stores, you want to group invoices per online store, and also keep distinguish numbering lines for each store, define Transaction type per each store is a way to go.

Configuration​

Transaction Numbering Rules​

Transaction number is being created

  • Manually
    No transaction number will be automatically assigned. The transaction number must be added manually. No automatic numbering will be used for this transaction type.

  • Automatically when a transaction is created
    The transaction number will be automatically assigned when the transaction is created. The numbering sequence follows the predefined numbering rules configured for this transaction type.

  • Automatically after posting
    The transaction number will be automatically assigned only after the transaction has been successfully posted. The numbering sequence will follow the predefined rules for this transaction type.

Numbering Line​

Numbering Line on transaction defines the specific numbering sequence or line used for assigning transaction numbers. The system will automatically generate a number for the transaction based on this configuration.

GL Account​

Transactions associated with this transaction type will automatically post to the specified General Ledger (GL) account unless manually overridden during posting. This ensures consistency in the accounting treatment of these transactions.