What is the key difference between static and dynamic accounts in OneStream?

The key difference between static and dynamic accounts in OneStream is that static accounts do not change frequently, whereas dynamic accounts are influenced by ongoing transactions. Static accounts are typically used for items that remain constant over time and do not require regular updates, such as fixed assets and certain types of equity. They serve as an established framework for reporting specific financial positions.

On the other hand, dynamic accounts are designed to reflect real-time changes driven by business activities, such as sales, purchases, and other transactions that occur regularly. This allows for up-to-date financial reporting and analysis, enabling organizations to monitor their financial health more actively.

The other options highlight attributes that do not accurately capture the core distinction between static and dynamic accounts. Static accounts are not limited to long-term investments or revenue tracking, and dynamic accounts do not specifically forecast market trends. Instead, the essence of the difference lies in how often the data in these accounts is subject to change.