Accounts linked to Financial Activities are mapped accounts which are needed to do system generating accounting transaction.
Below are the accounts which are needed to be mapped respectively
On this page:
Beginning at the main screen, click on Accounting. This will launch the Accounting menu.
Select Accounts linked to Financial Activities
Click on "+Define New mapping"
Select and edit the mapping as mentioned in the example below:-
Financial activity: Opening Balances Transfer Contra
Account: Opening Balances Contra Account(Equity account type)
Then click on Submit.
Key Error Messages
Note: For the example above: Opening Balances Transfer Contra, you should have created an Equity Account Type from chart of account feature.
For example: Opening Balances contra account with account type as equity.