Debit / Credit Event
![notion image](https://www.notion.so/image/https%3A%2F%2Fs3-us-west-2.amazonaws.com%2Fsecure.notion-static.com%2Fc305fad2-7ecf-4dfc-9c6e-a73fef162997%2FUntitled.png?table=block&id=2f5bdf93-ed4c-402d-82b2-29eccfad656d&space_id=0e71a836-dcb8-4853-8212-8b6a3c7053cd)
Basic Event
Multi Record
Perform basic accounting-style debit, credit and contra-account calculations.
The Debit/Credit Event is a foundational Event that can be used to model most generic transactions.
The Debit/Credit Event is the easiest way to model a transaction and control which Accounts are impacted by that calculation. Calculations can be one-time, recurring, or amortized over a fixed period of time.
![Video preview](https://i.ytimg.com/vi/8iLD4N2wKcA/hqdefault.jpg)
Can be used for ...
Use this Event for any basic contra-account style transaction where advanced calculations are not required.
Common Connections
![notion image](https://www.notion.so/image/https%3A%2F%2Fs3-us-west-2.amazonaws.com%2Fsecure.notion-static.com%2F8b6964cd-dacd-4952-bcb2-f1e7ef0d6022%2FUntitled.png?table=block&id=eb13c71d-53ea-4925-bb39-bd2ab2c17520&space_id=0e71a836-dcb8-4853-8212-8b6a3c7053cd)
Example Files
Event States
Debit
- Used to create a debit transaction
Credit
- Used to create a credit transaction
Ongoing Transaction
- Used for one-time and repeat calculations
Amortized Transaction
- Used for a single transaction where the transaction will be evenly spread over a period of time.
Edit Details Pane
![The Credit/Debit Details Panel](https://www.notion.so/image/https%3A%2F%2Fs3-us-west-2.amazonaws.com%2Fsecure.notion-static.com%2Fddf13d1c-7fe7-4697-aaa1-f748a77618e3%2FUntitled.png?table=block&id=7d63ddb2-c366-4f51-af4e-3db2007f49ed&space_id=0e71a836-dcb8-4853-8212-8b6a3c7053cd)
![The Amortized Transaction Details Panel](https://www.notion.so/image/https%3A%2F%2Fs3-us-west-2.amazonaws.com%2Fsecure.notion-static.com%2Fa05155c7-05ac-49ce-b0a1-ff58de4c0281%2FUntitled.png?table=block&id=07e127e7-4a71-4c88-9374-5aba26c6eb58&space_id=0e71a836-dcb8-4853-8212-8b6a3c7053cd)