Learn about the transaction ID and how MindBridge uses it.
A transaction ID is a unique identification code used to represent a given transaction.
Adding a transaction ID column to a ledger allows MindBridge to accurately group entries that belong together within a given transaction. Then, MindBridge can analyze both sides of the transaction and use machine learning to determine whether or not the monetary flows are expected.
Watch the video below to learn more about the transaction ID and how it is used in general ledger analyses.