2.2.3.14 Accounting

Posts outbound credit transactions to the general ledger and updates accounting records.

Debit liquidation accounting entries have both payment entries and charge or tax entries. Accounting details are handed-off to the accounting system with debit or credit liquidation accounting code linked at US ACH Credit Accounting Preference (PNDCRPRF) for the combination of network code, transaction type as Outbound, and transfer currency as USD.