Glossary

Bank transaction

A movement on a company bank account, such as a payment, deposit, fee, or transfer.

The posted-ledger review area for inspecting historical accounting entries.

The place to find uploaded, emailed, imported, and synced source documents.

The review area for non-posted source documents and accounting drafts before they are posted to the ledger.

A connection between Igdrasil and another system, such as a bank, inbox, Fortnox, Stripe, or document source.

An accounting record that describes what happened and which accounts were affected.

The step that turns a reviewed draft into a recorded accounting entry.

Matching accounting records with bank transactions so the books and bank account agree.

A summary of accounting data, such as VAT, profit and loss, balance sheet, or other financial views.

The evidence behind accounting work, such as an invoice, receipt, bank file, or portal document.

Value-added tax. In Igdrasil, VAT handling depends on the source document, company settings, and selected account.