Hi Nandani, Welcome.
Yes, in order to have correct financial reports like the trial balance and cash flow statements you can say that doing the financial registrations of the payments and the subsequent gl transactions is a requirement. Regards, Pierre Smits *ORRTIZ.COM <http://www.orrtiz.com>* Services & Solutions for Cloud- Based Manufacturing, Professional Services and Retail & Trade http://www.orrtiz.com On Wed, Jan 22, 2014 at 5:41 PM, Nandani Aggarwal < [email protected]> wrote: > I want to maintain accounting for my organization.While placing purchae and > sales order , payment is created and updated using createPayment and > createOrderPaymentPreference and is updated too. > Is it require to create new transaction for payment to maintain reports > like trial balance, cash flow statements.? > > > > Thanks-- > Nandani Aggarwal >
