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Use Create an App Template if your Partner is using an application, for example, QuickBooks. After creating a Template, you must activate and share it with your Partners. The Partners will use this shared Template to create a Transaction for exchanging data. 

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Inbound Template

Outbound Template

Create an Inbound template to receive data from the Partner. In this Template, your Partner will define the Source application account and configuration details. 

Create and Outbound Template to send data to the Partner. In this Template, Company will define the Source application account and configuration details.