An open period containing the transaction date in the current accounting cycle must exist before the transaction can be saved.
When a new transaction is entered, you must enter at least two transaction lines — one debit and one credit. You may create more than one debit or credit line if you want to allocate the transaction between multiple accounts, but the transaction must balance in order to be saved.
The transactions must balance within the fund and any other static elements. In other words, the fund element value and any additional static element values must be the same for all entries in the transaction.
When you create an entry to transfer monies between funds, you will need to balance each line with the cash account for that fund, resulting in four transaction lines.
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