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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 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 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 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 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 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 the difference between cash book and cash account?
Cash Account :- 1. Is an account in the ledger. 2. Cash account is part of the ledger. Cash account is opened in the ledger in which posting is done from some book of original entry. 3. In cash account posting is not followed by narration. 4. It only records one aspect of transaction involving cash & bank. Cash Book :- 1. Is a separate book of account forming a part of accounting system. 2. Cash book records entries directly from transaction & there is no need for a book of prime entry. 3. In cash book entries are followed by narration also. 4. It records both the aspect of this transaction in cash & bank columns to complete double entry posting.
Do you have to use air mail for county Donegal?
That depends on where you are posting from. If you are posting from outside Ireland, then you would use it.That depends on where you are posting from. If you are posting from outside Ireland, then you would use it.That depends on where you are posting from. If you are posting from outside Ireland, then you would use it.That depends on where you are posting from. If you are posting from outside Ireland, then you would use it.That depends on where you are posting from. If you are posting from outside Ireland, then you would use it.That depends on where you are posting from. If you are posting from outside Ireland, then you would use it.That depends on where you are posting from. If you are posting from outside Ireland, then you would use it.That depends on where you are posting from. If you are posting from outside Ireland, then you would use it.That depends on where you are posting from. If you are posting from outside Ireland, then you would use it.That depends on where you are posting from. If you are posting from outside Ireland, then you would use it.That depends on where you are posting from. If you are posting from outside Ireland, then you would use it.
How to create a journal entry in SAP?
To create a journal entry in SAP, you can use transaction code FB50 (for general journal entries) or FB01 (for posting with reference). You'll need to enter the necessary details such as the posting date, account numbers, amounts, and a reference document number. Once you have completed the entries, you can save the journal entry.
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.
How much postage for a 4 x 7 envelope weighing 2 ounces?
The answer will depend on where you are posting from and where to!The answer will depend on where you are posting from and where to!The answer will depend on where you are posting from and where to!The answer will depend on where you are posting from and where to!
