Attributes are used mainly for reporting purposes and for assisting users with grouping records for specific reports or activities, such as adding charges to a group.

For more information, refer to What are Attributes?


Transaction Codes are widely used for tracking transactions and maintaining fund balances by and across fiscal years and for tracking finances of an account over a long period. Transaction Codes can also retain equity whereas Attributes can not.


For more information, refer to What are Transaction Codes?