Amount

 

Usage: Dollar amount of a transaction

Required: Yes (unless mapping Debit/Credit or Amount_Reverse_Sign)

Restrictions: Cannot map with Debit/Credit or Amount_Reverse_Sign fields

 

Amount is used when the transaction data represents both positive and negative numbers.

 

For all data:

•Positive increases a balance

•Negative decreases a balance

 

Bank account balance and general ledger account balance are inverses of each other.  A transaction that increases the general ledger balance decreases the bank balance and vice-versa. See Debit versus Credit for more information.