Breaking News: Grepper is joining You.com. Read the official announcement!
Check it out

Consistency of financial state

Vinay Rawal answered on March 9, 2023 Popularity 1/10 Helpfulness 1/10

Contents


More Related Answers

  • data consistency
  • Consistency and availability at the same time?
  • CA (consistency and availability) systems:

  • Consistency of financial state

    0

    Postings are immutable, meaning they cannot be edited once they have been committed to the append only postings ledger. The bene fit of this is that you know that the

    postings you see in the ledger are the original, and will never be edited or removed

    Postings are the lowest level movement of funds. Postings are not Customer Facing transactions a single Customer Transaction o r Payment can be made up of many

    postings.

    Balances in Vault are always computed according to the postings within the ledger, our single source of truth for movement of fu nds.

    The Postings API guarantees consistency through following the double entry book keeping model and ensures all requests follow th is principle. 

    Popularity 1/10 Helpfulness 1/10 Language whatever
    Source: Grepper
    Link to this answer
    Share Copy Link
    Contributed on Mar 09 2023
    Vinay Rawal
    0 Answers  Avg Quality 2/10


    X

    Continue with Google

    By continuing, I agree that I have read and agree to Greppers's Terms of Service and Privacy Policy.
    X
    Grepper Account Login Required

    Oops, You will need to install Grepper and log-in to perform this action.