{"id":3961,"date":"2021-09-21T10:59:55","date_gmt":"2021-09-21T10:59:55","guid":{"rendered":"https:\/\/www.adspyglass.com\/blog\/glossary-action-lifecycle\/"},"modified":"2024-01-19T05:18:30","modified_gmt":"2024-01-19T05:18:30","slug":"action-lifecycle","status":"publish","type":"post","link":"https:\/\/www.adspyglass.com\/blog\/action-lifecycle\/","title":{"rendered":"Action Lifecycle"},"content":{"rendered":"<p><span>The life cycle of a transaction is the aggregate name for all the actions that a customer can perform in the interval between the opening and closing of a receivable. The date of closing accounts receivable, that is, fixing changes on the balance sheet, lags behind real time. This gives the client the opportunity to correct random errors before the end of the transaction. After the due date of the receivable has passed, the transaction is blocked and it is no longer possible to make any changes.<\/span><\/p>\n<h2>Stages in the Life Cycle of Activity&nbsp;<\/h2>\n<ul>\n<li><span><strong>Closing <\/strong><\/span><span>&#8211; the transaction amount is added to the account balance. Some trades can take from several hours to several weeks from opening to closing. Other transactions are closed immediately, such as cash receipts.<\/span><\/li>\n<li><span><strong>Allocation<\/strong><\/span><span> &#8211; the server reserves the transaction amount for use in another transaction. If necessary, you can cancel the allocation and return the funds<\/span><\/li>\n<li><span><strong>Reversed<\/strong><\/span><span> &#8211; an additional transaction opposite to the current one is created. After that, the original transaction is assigned the status of reverse<\/span><\/li>\n<li><span><strong>Reopened<\/strong><\/span><span> &#8211; the server reopens a deal that was previously canceled or closed, after which it takes the amount from your account<\/span><\/li>\n<li><span><strong>Updated<\/strong><\/span><span> &#8211; the cost of the transaction remains the same, but the date or comment to the transaction is updated<\/span><\/li>\n<li><span><strong>Deleted<\/strong><\/span><span> &#8211; The server deletes the transaction, clearing the transaction history and removing the value from the account balance.<\/span><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>The life cycle of a transaction is the aggregate name for all the actions that a customer can perform in the interval between the opening and closing of a receivable. The date of closing accounts receivable, that is, fixing changes on the balance sheet, lags behind real time. This gives the client the opportunity to [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[94,93],"tags":[128,127,123,129],"class_list":["post-3961","post","type-post","status-publish","format-standard","hentry","category-a","category-glossary","tag-action-lifecycle-definition","tag-action-lifecycle-term","tag-adspyglass-glossary","tag-what-is-action-lifecycle"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Action Lifecycle Adspyglass<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.adspyglass.com\/blog\/action-lifecycle\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Action Lifecycle Adspyglass\" \/>\n<meta property=\"og:description\" content=\"The life cycle of a transaction is the aggregate name for all the actions that a customer can perform in the interval between the opening and closing of a receivable. 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