User must be able to select the applicable accounting rule as “none”, “cash” or “accrual” at a product level.

The user is expected at the time of product definition to select the “type” of accounting for the product and select his appropriate General Ledger (GL) “Detail account” for the placeholders Mifos X accounting module provides

Page 10 of attached accounting summary document gives useful basic distinction between cash and accrual accounting.

2.The COA