In accounting systems like ourBook, which can be activated and run after signing in ourDB, the double-entry principle is fundamental. This principle dictates that every transaction involves an equal credit to one account and a debit to another.
Manually maintaining double-entry requires users to enter two separate, but identically valued, transactions. This manual process is prone to human error, which can lead to data inconsistencies if the amounts don't match.
To address these challenges, an automation mechanism is essential. Our AutoAction feature in ourDB provides this by:
The demos below illustrate how to configure AutoAction in ourDB to efficiently maintain business logics such as double-entry.