{"version":"1.0","provider_name":"Daftra Knowledge Base","provider_url":"https:\/\/docs.daftra.com\/en\/","author_name":"Sama Essam","author_url":"https:\/\/docs.daftra.com\/en\/author\/sama-essam\/","title":"The Accounting Cycle in the system: From Journal Entries to Financial Statements - Daftra Knowledge Base","type":"rich","width":600,"height":338,"html":"<blockquote class=\"wp-embedded-content\" data-secret=\"5QFoIzeYwq\"><a href=\"https:\/\/docs.daftra.com\/en\/tutorial\/accounting-cycle-journal-entries-financial-statements\/\">The Accounting Cycle in the system: From Journal Entries to Financial Statements<\/a><\/blockquote><iframe sandbox=\"allow-scripts\" security=\"restricted\" src=\"https:\/\/docs.daftra.com\/en\/tutorial\/accounting-cycle-journal-entries-financial-statements\/embed\/#?secret=5QFoIzeYwq\" width=\"600\" height=\"338\" title=\"&#8220;The Accounting Cycle in the system: From Journal Entries to Financial Statements&#8221; &#8212; Daftra Knowledge Base\" data-secret=\"5QFoIzeYwq\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\" class=\"wp-embedded-content\"><\/iframe><script>\n\/*! This file is auto-generated *\/\n!function(d,l){\"use strict\";l.querySelector&&d.addEventListener&&\"undefined\"!=typeof URL&&(d.wp=d.wp||{},d.wp.receiveEmbedMessage||(d.wp.receiveEmbedMessage=function(e){var t=e.data;if((t||t.secret||t.message||t.value)&&!\/[^a-zA-Z0-9]\/.test(t.secret)){for(var s,r,n,a=l.querySelectorAll('iframe[data-secret=\"'+t.secret+'\"]'),o=l.querySelectorAll('blockquote[data-secret=\"'+t.secret+'\"]'),c=new RegExp(\"^https?:$\",\"i\"),i=0;i<o.length;i++)o[i].style.display=\"none\";for(i=0;i<a.length;i++)s=a[i],e.source===s.contentWindow&&(s.removeAttribute(\"style\"),\"height\"===t.message?(1e3<(r=parseInt(t.value,10))?r=1e3:~~r<200&&(r=200),s.height=r):\"link\"===t.message&&(r=new URL(s.getAttribute(\"src\")),n=new URL(t.value),c.test(n.protocol))&&n.host===r.host&&l.activeElement===s&&(d.top.location.href=t.value))}},d.addEventListener(\"message\",d.wp.receiveEmbedMessage,!1),l.addEventListener(\"DOMContentLoaded\",function(){for(var e,t,s=l.querySelectorAll(\"iframe.wp-embedded-content\"),r=0;r<s.length;r++)(t=(e=s[r]).getAttribute(\"data-secret\"))||(t=Math.random().toString(36).substring(2,12),e.src+=\"#?secret=\"+t,e.setAttribute(\"data-secret\",t)),e.contentWindow.postMessage({message:\"ready\",secret:t},\"*\")},!1)))}(window,document);\n\/\/# sourceURL=https:\/\/docs.daftra.com\/wp-includes\/js\/wp-embed.min.js\n<\/script>\n","description":"This guide explains the complete accounting cycle in the system, from setting up the Chart of Accounts and entering opening balances, through adding Clients and Suppliers and recording Journal Entries, to generating reports and financial statements and closing the period. For each step, you will see where to perform it, what happens in the system, [&hellip;]"}