Accounting

Chart of accounts, known as AccountingAccount in the API context and Ledger account in the product interface.
This resource serves as the framework for financial accounts within accounting operations.
It defines both standard and custom accounts, crucial for categorizing transactions.

Unlike the AccountingEntry, which records transactions, this resource focuses on defining various account types.

The accountingPlanMaster resource represents the standard templates of accounting plans delivered within the system. These templates are specific to the legislations of FR (France), ES (Spain), or DE (Germany), reflecting the reference accounting plan models for each jurisdiction.

These models are distinct from the accountingaccount resource, and if a model is not imported, its associated accounts will not be available within the organization.

The unique purpose of this resource is to allow the importation of a model into an empty accounting plan.
It facilitates aligning the accounting practices with the legal standards of the respective country, ensuring accuracy and compliance but does not have any other utility within the system.

Corresponds to the fiscal years within the field of accounting, known as AccountingExercise in the API context and Fiscal years in the product interface.
A fiscal year, or accounting period, is a specific timeframe used by governments and businesses for accounting purposes to compare financial results and statements.

An exercise can be in one of two states:

• Open: During an open exercise, entries can be made or modified, reflecting the ongoing transactions and adjustments within the given fiscal year.
• Closed: Once an exercise is closed, the entries are finalized, and no further modifications to the accounting records for that fiscal year are permitted.

• sales: Used for entering customer sales accounting documents, providing access to deadlines and taxes.
• purchases: Used for entering supplier purchase accounting documents, providing access to deadlines and taxes.
• financial: Used for entering customer/supplier payments and other banking operations.
• general: Used for entering miscellaneous accounting documents.
• carry forward: Used at the close of the fiscal year to generate carry forward entries.

Represents the legal taxes in effect within specific legislations (such as FR, ES, or DE).
These taxes are standard for each legislation and, therefore, cannot be modified.

Each tax is defined by its name, percentages, and an associated group, reflecting the legal requirements and tax structures within the given legislation.

The management of these standardized taxes is essential for ensuring compliance with legal tax obligations and accurately reflecting the current tax laws within the accounting and sales domain.

Used to define tax codes that associate the type of operation (such as purchasing goods, purchasing services, selling goods, etc.) with general tax accounts.
This association simplifies the entry of sales or purchase records within the accounting system.

For example, when entering a sales invoice, if the net sales account is linked to a tax code, the associated tax account will be automatically proposed.
The calculation of the net and VAT will be automatic according to the percentage of the tax.

Accounting entries, known as AccountingEntry in the API context and Journal entries in the product interface, in the context of financial management and record-keeping, refer to the detailed transactions that accurately record the movement of funds, assets, liabilities, and equity within an organization.

• These entries serve as crucial components of a company’s financial records, capturing various financial activities such as revenue generation, expense allocation, and asset acquisitions.
• Accounting entries are categorized and organized into journals based on their specific characteristics, and these characteristics are determined by the associated journal.
• It’s important to note that an accounting entry must be balanced, ensuring that debits equal credits.
• This means that accounting entries are complete accounting documents rather than individual lines of entries