Ledger Accounts
A ledger account contains a record of business transactions. It is a separate record within the general ledger that is assigned to a specific asset, liability, equity, revenue, or expense type.
Field | Type | Description |
account | number | Reference given to each nominal ledger account for a business. It ensures money is allocated to the correct account. |
accName | string | Name of the ledger account |
accCategory | string | Main category of the ledger account |
accSubCategory | string | Type of ledger account (sub category) |
description | string | Additional details (description) for the account |
tranType | string | The type of transaction made to this account - Debit or Credit |
id | number | Identifier for the account, unique for the company. |
status | string | The current state of the account |
taxable | boolean | Indicator to display whether the amount in the account is taxable or not |
taxCode | string | The default tax code associated with this account |
createdDate | string | Date the record was created in the accounting system. |
modifiedDate | string | Date the record was last updated in the accounting system. |
cashFlowRate | string | The type of exchange rate that is used to translate foreign currency amounts for this account in the cash flow statement. |
currency | string | Currency of the account. |
exchangeRate | string | The exchange rate used in the accounting system in order to convert the amount into the home currency |
externalId | string | Friendly reference of the account (from external system) |
generalRate | string | The type of exchange rate that is used to translate foreign currency amounts for this account in the income statement, balance sheet, and other general purposes. |
amount | number | Current balance in the account |
parentAcc.id | string | The unique identifier of the parent account of this ledger account |
parentAcc.name | string | The name of the parent account of this ledger account |
parentAcc.type | string | The type of the parent account of this ledger account |
requireLoc | boolean | Indicator to display whether the access of this account is restricted to a location |
location.id | string | The location unique identifier that has access privileges to this account |
location.name | string | The location name that has access privileges to this account |
location.type | string | The location type that has access privileges to this account |
requireDept | boolean | Indicator to display whether the access of this account is restricted to a department |
department.name | string | The department name that has access privileges to this account |
department.type | string |