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Anytime an opportunity is "Closed" you would want to generate a transaction (Sales Order or Invoice). You can have multple scenarios that you can model with Salesforce and AccountingBook. Industry example

Industry business process flow for some are as follows -

• Services: Quotes -> Opportunity -> Invoice
• Manfacturing: Quotes -> Opportunity -> Sales Order -> Invoice
• Retain: Opportunity -> Sales Receipt or Combining daily closed Opportunities -> Journal Entries
• Subscription: Recurring Opportunity -> Recurring Invoice Template -> Invoices(s)

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