Accounting journal

Definition

A journal is a detailed account that records a financial transaction of a fund vehicle and SPV

It may be generated automatically by the system when adding a transaction or created manually by user input

Parameters

Field Name	Data Type	Description
journalDate	datetime	Date of the accounting journal "YYYY-MM-DD" format
entityId	integer	Entity's unique ID
entityType	string	Type of entity: "Fund vehicle" "SPV"
isManualJournal	boolean	Whether this journal is manually created by user
amountDebit	number	Debit amount
amountCredit	number	Credit amount
accountType	string	Type of the account
accountSubType	string	Sub-type of the account
chartOfAccountId	integer	Chart of account's unique ID
isEliminated	boolean	Whether is is an inter-entity transaction between different entities controlled by the Master Fund
interEntity	string	Name of the inter-entity that relates to this journal
otherCurrency	string	Currency of the journal transaction

Example of accounting journal JSON data

{
    
    "journalDate": "2020-11-18",
    "isManualJournal": true,
    "entityId": 8,
    "entityType": "Fund vehicle",
    "entityName": "Fund I",
    "creditDebitEntries": [
        {
            "amountDebit": 0,
            "amountCredit": 10,
            "otherCurrencyAmountCredit": 0,
            "otherCurrencyAmountDebit": 0,
            "isEliminated": false,
            "interEntity": null,
            "chartOfAccountId": 237,
            "chartOfAccountName": "Fund I - USD Bank",
            "chartOfAccountCode": "110201",
            "otherCurrency": "USD",
            "accountType": "Cash and cash equivalents",
            "accountSubType": "Bank",
        },
        {
            "amountDebit": 10,
            "amountCredit": 0,
            "otherCurrencyAmountCredit": 0,
            "otherCurrencyAmountDebit": 0,
            "isEliminated": false,
            "interEntity": null,
            "chartOfAccountId": 59,
            "chartOfAccountName": "Administrative expense",
            "chartOfAccountCode": "520101",
            "otherCurrency": "USD",
            "accountType": "General expenses",
            "accountSubType": "Accounting",
        }
    ]
}