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GL code is abbreviation for GENERAL LEDGER Code. It is a financial related item, checking & controlling & following for companys budget. These codes are in layered structre such as 'Company-Division-Project-Function'. An example of GL code is : '04.556.7664.002' 04 -> XX Company 556 -> IT Division 7664 -> ATM project 002 -> Development costs GL code is abbreviation for GENERAL LEDGER Code. It is a financial related item, checking & controlling & following for companys budget. These codes are in layered structre such as 'Company-Division-Project-Function'. An example of GL code is : '04.556.7664.002' 04 -> XX Company 556 -> IT Division 7664 -> ATM project 002 -> Development costs

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Which business process area maintains GL accounts processes Journal Vouchers performs periodic cash balancing activities and conducts-end and year-end closings?

Which of the following is NOT an activity of the Asset Accounting sub-process


What is standard bank branch code if you are using business on line to do a payment?

The standard bank branch code used for making payments via Standard Bank's Business Online is typically 051001. However, it's important to verify the specific branch code associated with your account or transaction, as it may vary depending on the location or type of account. Always check with your bank or refer to official documentation to ensure you have the correct branch code for your payments.


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What is the difference between dda or gl account type?

DDA (Demand Deposit Account) and GL (General Ledger) account types serve different purposes in finance. A DDA is a type of bank account that allows for the easy withdrawal and deposit of funds, typically used for daily transactions. In contrast, a GL account is a record in accounting that summarizes all transactions of a specific type, helping businesses track financial performance and maintain accurate financial records. Essentially, DDAs are for managing liquid funds, while GL accounts are for accounting and reporting purposes.


What does Section 1245 refer to in the IRS Tax scheme?

This is the section of the IRS code that deals with depreciable personal property, such as business equipment and vehicles.

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