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What is the importance on posting references into a journal?
may be to find the exact transaction it makes it easier
What is bulk posting in bank transactions?
any transaction which are done in bulk, for example. Employee provident Fund paid so it will have transacton as "Bulk posting"
What is the difference between a cash transaction and a credit transaction?
A cash transaction uses currency (dollars and cents) to pay for products or services. A credit transaction means that you are posting the transaction to a credit card or loan. In this case, the merchant gets paid (often the next day) for products or services rendered, and you pay the loan issuer or credit card company back. Sometimes, there are fees involved (a percentage of the transaction amount) to use a credit card - especially if you don't pay the issuer back within the established terms, which is called interest and finance charges. Happy spending!!
What is posting key in sap?
All accounting entries requires Special posting keys to perform any specific kind of transaction like accounts payable entry will use separate posting key while accounts receivable entry will require separate posting key to perform transactions in SAP which insures the transactions in correct ledgers.
What is the steps in accounting process?
1 - Collect source document 2 - Analyze the transaction 3 - Journalize transaction 4 - Posting transaction 5 - Prepare unadjusted trial balance 6 - Prepare adjusting entries 7 - Prepare trial balance 8 - Prepare financial statements
What are the phases in accounting cycle?
Collecting daa, transaction analysis, journalizing transaction, posting to ledger account, preparing a trial balance
What is the importance on posting references into a journal?
may be to find the exact transaction it makes it easier
What is bulk posting in bank transactions?
any transaction which are done in bulk, for example. Employee provident Fund paid so it will have transacton as "Bulk posting"
What is the difference between a cash transaction and a credit transaction?
A cash transaction uses currency (dollars and cents) to pay for products or services. A credit transaction means that you are posting the transaction to a credit card or loan. In this case, the merchant gets paid (often the next day) for products or services rendered, and you pay the loan issuer or credit card company back. Sometimes, there are fees involved (a percentage of the transaction amount) to use a credit card - especially if you don't pay the issuer back within the established terms, which is called interest and finance charges. Happy spending!!
What is the difference between a cash transaction and a credit transaction?
A cash transaction uses currency (dollars and cents) to pay for products or services. A credit transaction means that you are posting the transaction to a credit card or loan. In this case, the merchant gets paid (often the next day) for products or services rendered, and you pay the loan issuer or credit card company back. Sometimes, there are fees involved (a percentage of the transaction amount) to use a credit card - especially if you don't pay the issuer back within the established terms, which is called interest and finance charges. Happy spending!!
What is posting key in sap?
All accounting entries requires Special posting keys to perform any specific kind of transaction like accounts payable entry will use separate posting key while accounts receivable entry will require separate posting key to perform transactions in SAP which insures the transactions in correct ledgers.
What is the steps in accounting process?
1 - Collect source document 2 - Analyze the transaction 3 - Journalize transaction 4 - Posting transaction 5 - Prepare unadjusted trial balance 6 - Prepare adjusting entries 7 - Prepare trial balance 8 - Prepare financial statements
What does message 2 TX06UN means?
Transaction
Difference between value date and transaction date in banking?
value date means ordinary date . transaction date means banking date.
What is it when a transaction is listed as grant in stocks?
When the transaction is listed as grant it means that the company give the stock to the employee.
How do you post picture on Google?
Posting a picture on Google means posting it on an open source website. You can't upload pictures on Google.
What is the meaning of bulk posting in banking terms?
it means that in your account their is 1 to many transcation is made and to make an entry the bulk posting is made .
