Aratum Ledger FAQs
What is accounting in Aratum Ledger?
Accounting in a ledger involves the systematic recording, organizing, and analyzing of financial transactions within a business. The ledger serves as the central repository where all transaction details are entered, categorized by accounts for ...
What is Invoice Achieved in Aratum Ledger?
"Invoices achieved" in a ledger signifies the transition of invoices from outstanding to settled status, marking the completion of a financial transaction. This process involves updating the accounts receivable ledger to reflect that payment has been ...
What is Sell records in Aratum Ledger?
Sell records in a ledger are crucial entries that document the sales transactions of a business. These records capture detailed information about each sale, including the date of the transaction, the description and quantity of goods or services ...
What is bill Achieved in Aratum Ledger?
"Bill Achieved" in a ledger refers to the process of recording and marking a bill as paid or settled. Once a bill is fulfilled, it signifies the completion of a transaction where the goods or services invoiced have been paid for, and the financial ...
What is bill in Aratum Swift?
A bill in a ledger represents a recorded obligation to pay for goods or services received. This entry is crucial for accurate financial tracking and accountability. When a business receives a bill from a supplier, the details of this financial ...
What is buy records in Aratum Ledger?
Buy records in a Aratum Ledger serve as a foundational element of financial accounting, meticulously documenting all purchase transactions a business engages in. These records fulfill multiple critical functions. Firstly, they provide a clear, ...
Aratum Ledger Dashboard
A ledger dashboard in supply chain management (SCM) serves as a centralized platform that aggregates, visualizes, and manages transaction data recorded in the ledger. Its primary function is to provide stakeholders with a real-time, comprehensive ...
What are the core functions of Aratum Ledger
These digital ledgers enable real-time visibility into the supply chain, allowing stakeholders to monitor product flow from origin to consumer, significantly reducing the risk of fraud and errors while enhancing trust through verifiable and immutable ...
What is Aratum Ledger?
In supply chain management (SCM), a ledger serves as a foundational element for recording transactions and tracking assets across the entire supply network, ensuring transparency, accuracy, and efficiency. Traditionally, ledgers have been maintained ...