Transaction status

The transaction status mechanism in bkper safeguards your finances, giving you full control of the data that enters your finances.  

The transaction status can be Draft or Posted

New Records initially enter your book as Drafts not altering balances and the text entry can be completed or adjusted before posting the transaction to your finances. 

Posted Records actually altered balances and they can be checked or unchecked to mark their conciliation or not.

Status Overview

Draft

Posted

A transaction in  draft status does NOT alter account balances.
A posted transaction has altered the "from" and "to" account balances.
All transactions are initially drafts and may consist of text with an amount, Url or image. Only on posting, after accounts are found and the amount is transferred from one account to another.  
While draft, the transaction recorded may be either incomplete or complete.
Posted Transactions may either be unchecked or checked. 

Incomplete

Complete

Required data is missing, Either the source account (from/credit), destination account (to/debit), date, description, or amount is incomplete All required data is  complete, and the transaction is ready to be posted.
On completion, of the missing data, the record is posted.   One click to post   

Unchecked

Checked

Posted transactions initially are Unchecked. 
Not conciliated.  Conciliated transactions.
Can be checked. Can be unchecked.
Can be modified. Can NOT be modified.
Drafts can be deleted without affecting the account balances. (Deleted drafts can be recovered from the trash bin and still be posted) 
Posted transaction can not be deleted, to undo the balance alterations, they can be reverted.
Posted transactions can not be returned to Draft Status.


Incomplete - Complete 

When a transaction is recorded in the system, the text undergoes a  discovery process, the system scans all data to find the accounts automagically. Depending on the completeness of the text on entry and the discovery process the initial draft is either recorded as complete or incomplete

Over time bkper learns about the texts entries and the more records are completed (either manually or automatically) the more likely bkper records drafts as complete. If no value/number is provided bkper can never record drafts as complete. 


Unchecked - Checked 

Book balances are represented as unchecked, checked or both checked and unchecked.


Autopost

Turn autopost on when your the  discovery process completes all entries correctly. 

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