Difference between revisions of "Translations:Clearing of accounts/2/en"

Latest revision as of 13:30, 1 June 2022

==General==
The purpose of the function is to see which transactions on an account make the account balance. It is done in two parts. First you match the transactions that can be cleared against each other. The clearing is done as at a certain date. Thereafter the function can be used as an account specification where you can choose to see only uncleared transactions per a certain date. 
The CB/balance per account will be the same regardless of if you wish to see all transactions or only uncleared ones. The only difference is that with the uncleared you don’t need to see cleared transactions and thus no longer are “open” on the account.
As an example, you might want to clear transactions on account Receivable, Personnel, where you have a transaction of a payment to an employee and then their registered expense report. When the whole advance has been used and you have cleared expenses with the transaction so that the remaining amount is zero, you will no longer see the transaction in the account specification at as the date of last matching. You will also be able to see how much of the advance that is open as at a certain date since you continuously clear the expenses that the employee is registering.
The function can be used for any kind of accounts. The clearing does not affect the bookkeeping, except when clearing amounts that don’t cancel out and clearing of transactions between different subaccounts (XXXX1 – XXXX09). 
The function is located in {{pth|Accounting|Clearing of accounts}}

General

The purpose of the function is to see which transactions on an account make the account balance. It is done in two parts. First you match the transactions that can be cleared against each other. The clearing is done as at a certain date. Thereafter the function can be used as an account specification where you can choose to see only uncleared transactions per a certain date. The CB/balance per account will be the same regardless of if you wish to see all transactions or only uncleared ones. The only difference is that with the uncleared you don’t need to see cleared transactions and thus no longer are “open” on the account. As an example, you might want to clear transactions on account Receivable, Personnel, where you have a transaction of a payment to an employee and then their registered expense report. When the whole advance has been used and you have cleared expenses with the transaction so that the remaining amount is zero, you will no longer see the transaction in the account specification at as the date of last matching. You will also be able to see how much of the advance that is open as at a certain date since you continuously clear the expenses that the employee is registering. The function can be used for any kind of accounts. The clearing does not affect the bookkeeping, except when clearing amounts that don’t cancel out and clearing of transactions between different subaccounts (XXXX1 – XXXX09). The function is located in Accounting: Clearing of accounts