Financial Tag

Encapsulates a tag which can be applied to any financial transaction for filtering and reporting purposes.

Remarks

Tags can be assigned to any financial transaction in the system. You can use them to filter, group and report on transactions in a way that is meaningful to your business. A transaction can have more than one tag associated with it. They are similar to Account Codes, but less structured and more flexible.

For example, in a partnership operation, each partner could have a tag assigned to their personal use transactions, so that equity can be calculated at the end of the year. Or you could use tags to assign costs to a particular project such as building a shed, so you know how much you spent on it.

Properties

PropertyDefinition
ActiveSpecifies whether the tag is available for use.
ColourHTML colour code or color name the be used when displaying the tag.
NameDescriptive name of the tag.

Active

Defaults to true.