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Welcome to the Traction Knowledge Center. Call 888-466-6080 for more help.

Basic Accounting

Basic Accounting

Helpful articles and videos for Traction Accounting.

Why do I need to enter an Account Type?

1099s

How do I manage 1099s in Traction?

Account Register

How do I move/hide the chat icon so I can void a transaction?

How do you record a refund for a credit card account?

How do I enter an inventory supply purchase?

How do I return a purchase made to a credit card?

How do I create a journal entry in Traction?

How do I record dividend income in Traction?

How do you filter deposits in the account register?

How do I filter payments in the account register to find vendor purchases?

How do you record a Credit Card charge in Traction?

How do you record a Credit Card payment made from your checking account in Traction?

When my credit card and checking account are with two different banks, how do I update a duplicate credit card payment transaction?

How do I manage supply inventory with landlord splits?

How do I allocate expenses to multiple years for crops and equipment?

How do you assign expenses to multiple crop zone years?

How do I add or edit a harvested crop sales deposit transaction?

How do you deposit multiple checks in a single transaction?

How do I manually enter a new payment or deposit transaction?

How do I void a transaction?

How do you enter a payment for Notes Payable?

What is transaction matching?

How do I create and use transaction templates in Traction?

How do I deal with transactions from the previous year that have cleared this year?

How do I edit a synced transaction in Traction?

How do you update a synced bank transaction to allow replacement by a manually entered transaction?

What does it Mean if a transaction Needs Details in Traction?

How do you handle bank transfers for accounts in the same entity?

How do I assign expenses and income to crop zones?

How do I create a patronage stock account?

How do I filter transfers in the account register?

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Bank Syncing via Plaid

How do I re-link/reconnect a bank account with Plaid inside Traction?

How do I connect banks or credit cards to my Traction account?

Chart of Accounts

How do I manage my Chart of Accounts?

How do I add subheadings to the Chart of Accounts?

How do you add a credit card to the Chart of Accounts in Traction?

How do I setup my Chart of Accounts with common farm accounts?

How do I add a checking account?

How do I create a hedge account?

How do you record Livestock in the Chart of Accounts in Traction?

How do I setup a co-op or retail credit line?

How do I enter expense accounts that are tied to inventory supply accounts?

How do you set up a Commodity Credit Grain Loan and Allocate a Payment with your Settlement in Traction?

Why are my inventory balances not recorded in the Chart of Accounts?

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Checks

How do I order checks for printing?

How do I print a check?

Contacts

How do I add or delete a contact?

How do I add a contact from the account register?

Family Living

How do I enter expenses and categories for Family Living?

How to split expenses between farm and off-farm (Family Living)?

How do I edit existing transactions for Family Living?

Loans

How do you repay a loan from another entity?

Notes Payables (Loans)

How do I transfer money from my operating loan to my checking?

How do I enter a refinanced loan?

How do I enter a refinanced loan with expenses added to the principal?

How do you add a notes payable or loan?

How do I setup an operating loan or line of credit?

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Phone Articles

How do you Add Details to a Transaction Entered on a Phone?

How do I take a picture of a receipt and tag it to a transaction using my phone?

Property & Equipment

How to split repairs expense between multiple crop years for equipment

How do I allocate expenses to farm equipment?

How do I enter an equipment purchase?

How do I add equipment accounts on the balance sheet?

How do I record selling equipment?

How do you add Land Improvements Accounts to Traction?

How do you add Buildings & Structures Accounts in Traction?

How do you add Land accounts in Traction?

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Reconcile

How do you Reconcile Accounts in Traction?

Reports

How do I export a Traction Report and import the data into a spreadsheet?

How do I create a Schedule F Report?

How do I generate a General Ledger Report (Cash Method)?

How do I get to my Balance Sheet Report?

How do I view the Summarized Field Profit Center Report?

How do I get to my Income Statement Report?

How can I export my Balance Sheet and Income Statement reports to a PDF?

How do you access the Balance Sheet and Income Statement analysis features?

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Transfers

How do I transfer money to an account that belongs to another entity?

How do I loan money to another entity?