The Journal Entry object is a database for managing accounting transactions.
Management of journal entries: Recording transactions in accounting through bookkeeping. The journalized transactions are ultimately consolidated into financial statements such as the balance sheet or income statement.
Understanding of business conditions: By organizing income, expenses, assets, and liabilities, it serves as material for business decision-making.
Business Partner: Records information about the counterparties involved in transactions (such as customers or suppliers).
Transaction Date: Registers the date on which the accounting transaction occurred.
Tax Rate: Sets the tax rate applicable to the transaction and uses it for tax calculations.
Item: Sets the account title.
Memo: Allows you to freely enter supplementary information regarding the transaction.
