Transaction - what is a transaction. e-conomic



When you need to check whether all the company's transactions are correct, to make typically the bank reconciliationsWith the additional module Autobank to the e-conomic accounting program, you get automatic bank reconciliation, which saves you a lot of time. A transaction is typically a trade where on the one side, offers a product or service, and on the other hand offers the payment for this. It is an impairment of the buyer's bank account, and a revaluation of the seller's bank account. All events of economic importance are called transactions Thus there are typically a large number of different species of transactions in a business.

Below is a list of the most frequent: All transactions must of course be posted correctly in the financial statements.

In connection with the transactions doing a bank reconciliation, which aims to ensure that all amounts are entered correctly.