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When posting the column totals of a cash payments journal a debit should be posted to?
accounts payable
Why should payments made be entered immediately into the accounting system?
to avoid duplicate payments
What is electronic payments system?
This would generally be payments over the internet, or through an ATM.
No end-of-month posting is required for the total of the Other Accounts Debit column of the cash payments journal?
True. The individual entries are what get posted to their respective accounts, not the total.
If you filed bankruptcy separate from your spouse and have a hard time repaying your reaffirmed debt does that count against you?
My guess is that late payments on reaffirmed debt(s) affect one's credit the same as late payments on any revolving credit. Please note that nothing in this posting or in any other posting constitutes legal advice; this is simply my understanding of the facts, which I do not warrant, and I am not suggesting any course of action or inaction to any person.
What is a government system that gives payments of food to the poor?
food stamps
Do you have to use air mail for county Donegal?
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What are the Objectives of balance of payments?
The objective of balance of payments is to keep track of spending and savings to determine your financial goals. This system is a macroeconomic goal.
What do you mean by posting periods in SAP fico?
You define posting periods in your fiscal year variants. You can open and close these posting periods for posting. As many periods as you require can be open for posting simultaneously. Usually, only the current posting period is open for posting, all other posting periods are closed. At the end of this posting period, the period is closed, and the next posting period is opened.
What is lock box system and explain lock box system?
A service that a bank provides in which is processes payments for a company. The company directs its customers to send payments to a lockbox at the bank, whose employees then collect the payments and deposit them directly into the company's account. A lockbox reduces time between the receipt and processing of payments, which can be beneficial for the company using the service. On the other hand, it opens the possibility of fraud by bank employees, who could theoretically steal the payments by taking the funds from the payments and not depositing them.
What describes a government system for giving payments or food to the poor?
Communism plain
Which describes a government system for giving payments or food to the poor?
communisum plain
