📊 Understanding Accounting Masters in SuperNova

In SuperNova, Accounting Masters are the building blocks of financial transactions. They provide the essential structure needed for accurate accounting, compliance, and financial reporting.

By managing these masters efficiently, businesses can:
✅ Maintain accurate financial records
✅ Ensure regulatory compliance
✅ Gain valuable financial insights

📌 Key Accounting Masters

These core elements help streamline financial processes:

🔹 Company – Defines the business entity.
🔹 Currency – Manages multiple currencies for transactions.
🔹 Country – Sets country-specific accounting rules.
🔹 Chart of Accounts – Organizes accounts for financial tracking.
🔹 Accounting Period – Defines financial reporting periods.
🔹 Fiscal Year – Tracks annual financial performance.
🔹 Finance Book – Helps manage multiple financial reporting standards.
🔹 Mode of Payment – Defines accepted payment methods.
🔹 Payment Term Template – Standardizes payment schedules.
🔹 Payment Terms – Sets terms for receiving/making payments.
🔹 Loyalty Program – Manages customer reward programs.

By properly setting up and managing these Accounting Masters, businesses can ensure seamless financial operations and better decision-making.