Codat · Schema

Bank Account Type

The type of transactions and balances on the account. For Credit accounts, positive balances are liabilities, and positive transactions **reduce** liabilities. For Debit accounts, positive balances are assets, and positive transactions **increase** assets.

Unified_API
View JSON Schema on GitHub

JSON Schema

codat-accountingbankaccounttype-schema.json Raw ↑ 
{
  "$schema": "https://json-schema.org/draft/2020-12/schema",
  "$id": "#/components/schemas/AccountingBankAccountType",
  "title": "Bank Account Type",
  "x-internal": true,
  "enum": [
    "Unknown",
    "Credit",
    "Debit"
  ],
  "type": "string",
  "description": "The type of transactions and balances on the account.  \nFor Credit accounts, positive balances are liabilities, and positive transactions **reduce** liabilities.  \nFor Debit accounts, positive balances are assets, and positive transactions **increase** assets."
}