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Which R3 module records transactions in the general ledger?
The R3 module that records transactions in the general ledger is the Financial Accounting (FI) module. In SAP R3, the FI module is responsible for managing financial transactions, including accounts payable, accounts receivable, asset accounting, and general ledger accounting. It ensures that all financial transactions are accurately recorded and reported in the general ledger for financial reporting and analysis purposes.
Definition of general ledger?
A general ledger is a complete financial record of all transactions completed within a business. This covers the life of the company and essentially never ends.
What is the difference between a general ledger and a trial Balance?
A general ledger shows complete financial transactions over the life of a company. The trial balance just shows debits and credits of the business.
A columnar accounting form used to summarize the general ledger information needed to prepare financial statements?
Trial Balance
What is difference between Nominal Ledger general ledger?
General ledger is just another name given to nominal ledger. Nominal ledger is a ledger that maintains impersonal accounts like sale , purchase, capital etc.
What do i do in general ledger?
General ledger is the book of final entry of all business transactions of a company. Primarily, any end balance from the said ledger of all accounts used by a particular business enterprise is the...The all important books in the financial transaction is known as ledger.A general ledger is a summary of all transactions that occur in a company (this is not entirely accurate, the general ledger shows you the balances and debits and credits to each specific account but..
Which R3 module records transactions in the general ledger?
The R3 module that records transactions in the general ledger is the Financial Accounting (FI) module. In SAP R3, the FI module is responsible for managing financial transactions, including accounts payable, accounts receivable, asset accounting, and general ledger accounting. It ensures that all financial transactions are accurately recorded and reported in the general ledger for financial reporting and analysis purposes.
Definition of general ledger?
A general ledger is a complete financial record of all transactions completed within a business. This covers the life of the company and essentially never ends.
What is the difference between a general ledger and a trial Balance?
A general ledger shows complete financial transactions over the life of a company. The trial balance just shows debits and credits of the business.
Suspense Account format?
suspence account are temporary holdling account for financial information on general ledger
What is another name for General Ledger?
Another name for the General Ledger is Nominal Ledger.
The principal ledger that contains all the balance sheet and income statement accounts is the general ledger?
general ledger
What is the purpose of the general ledger?
what is the purpose of the ledger?
A columnar accounting form used to summarize the general ledger information needed to prepare financial statements?
Trial Balance
What is difference between Nominal Ledger general ledger?
General ledger is just another name given to nominal ledger. Nominal ledger is a ledger that maintains impersonal accounts like sale , purchase, capital etc.
What is a general ledger also known as?
A nominal ledger
How do you spell ledger?
The is the correct spelling of ledger, typically a financial record or journal.
