Automatically generate dual transaction journals, that represent a credit entry and a
debit entry, based on the configuration for the transaction type in the General Ledger Account
Assignment Rule record. Integrate these transaction journals with any accounting system of your
choice to prepare your financial statements such as balance sheets, and profit and loss
statements.
Required Editions
| Available in: Lightning Experience |
| Available in: Enterprise, Unlimited, and Developer Editions with
the Revenue Cloud Billing license. Contact your Salesforce account
executive for more information.
|
After
your Accounts Receivables admin creates general ledger accounts and assignment rules, and your
Billing admin
enables the Create Transaction Journals for Transactions feature, the
system automatically creates transaction journals in these scenarios:
| Billing Transaction |
Transaction Journals Created When |
| Invoice, Invoice Line, and Invoice Line Tax |
A Invoice record's status changes to Posted, Voided, or Canceled |
| Credit Memo, Credit Memo Line, and Credit Memo Line Tax |
A Credit Memo record's status changes to Posted, Voided, or Canceled |
| Credit Memo Invoice Application and Credit Memo Line Invoice Line |
After these records are created |
| Payment |
A Payment record's status changes to Processed |
| Payment Line Invoice and Payment Line Invoice Line |
After these records are created |
| Refund |
A Refund record's status changes to Processed |
| Refund Line Payment |
After these records are created |
| Debit Memo Line |
After these records are created |
