Differences

This shows you the differences between two versions of the page.

--- cats:questions:accounting:whattransactiontouse [2019/08/06 21:02] – [Which type of transaction should I create?] amanda
+++ cats:questions:accounting:whattransactiontouse [2019/10/29 18:34] (current) – [Will this transaction go through a bank?] amanda
@@ Line 1: / Line 1: @@
 =====Which type of transaction should I create?=====
 Use the following flowchart and questions to determine which transaction type you should use.
-<flowchartjs default>
-  st=>start: Does the transaction go through a bank?|past:>
-  e=>end: End|future:>http://www.google.com
-  op1=>operation: My Operation|past
-  op2=>operation: Stuff|current
-  sub1=>subroutine: My Subroutine|invalid
-  cond=>condition: Yes
-  or No?|approved:>http://www.google.com
-  c2=>condition: Good idea|rejected
-  io=>inputoutput: catch something...|future
-  st->op1(right)->cond
-  cond(yes, right)->c2
-  cond(no)->sub1(left)->op1
-  c2(yes)->io->e
-  c2(no)->op2->e
-</flowchartjs>
 [{{:cats:questions:accounting:accounting_transactiontypeflowchart.png|Transaction Type Flowchart}}]
-====Will this transaction go through a bank?====
+====Transactions that Reference a Bank====
-Are you withdrawing money from a bank account or receiving money into a bank account?
+Are you withdrawing money from a bank account or receiving money into a bank account?\\
   * To receive money into a bank account, use a [[cats:procedures:accounting:transactions:enteringreceipts|Receipt.]]
   * To remove money from a bank account, use a [[cats:procedures:accounting:transactions:enteringdisbursements|Disbursement]]. To print a check, use a [[cats:procedures:accounting:transactions:enteringdisbursements|Disbursement]].
   * To transfer money from one bank account to another, user a [[cats:procedures:accounting:banktransfer|Bank Transfer]].
-===Does this transaction involve an invoice?===
+===Does this transaction involve a counterparty account?===
-  * Create a disbursement (debit) or a receipt (credit) using either the [[cats:procedures:accounting:transactions:enteringdisbursements|Account or Scan method]].
+  * **Yes** - Create a disbursement (debit) or a receipt (credit) using either the [[cats:procedures:accounting:transactions:enteringdisbursements|Account or Scan method]].
-  * To Create a bank-related transaction without referencing an invoice, create a transaction using the [[cats:procedures:accounting:transactions:enteringdisbursements|G/L# entry method]].
+  * **No** - To Create a bank-related transaction without referencing a counterparty account, create a transaction using the [[cats:procedures:accounting:transactions:enteringdisbursements|G/L# entry method]].
 ====No Bank Involved: General Journal Entries====
-To directly debit and credit two G/L numbers, use a [[cats:procedures:accounting:transactions:generaljournalentries|General Jr Entry]].
+To directly debit and credit two or more G/L numbers, use a [[cats:procedures:accounting:transactions:generaljournalentries|General Jr Entry]].
 {{tag>"transaction types"}}