In this video we cover transactions that are unique to an accounting department. We start by covering Journal Entries, including reversing JEs and Intercompany JEs incase you are using a OneWorld account. We then cover budgets, including creating multiple budgets, how to create them manually using the budget worksheet, how to import them with the import wizard, and where to find the budget template. Next, we go over allocation schedules, including when you would use them, creating them, and setting the source, destination and distributions for the allocations. We then move on to cover currency revaluation which is applicable if you use multiple currencies, and memorized transactions which help you automate some manual transaction processes. We round out the lesson with a look at the audit trail, how to access it, and why you might use it.