0
What else can I help you with?
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 word for recording transaction in a chronological order in accounting?
The word for recording transactions in chronological order in accounting is "journalizing." This process involves entering each financial transaction into a journal, which serves as the initial record before posting to the general ledger. Journal entries typically include the date, accounts affected, amounts, and a brief description of the transaction.
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
Two serviceable telescopes mistakenly were reassigned to your CBRN SLoc. Which transaction code would you use to perform a transfer posting to move the telescopes to the COMMO SLoc?
To perform a transfer posting of the two serviceable telescopes to the COMMO SLoc, you would use transaction code MIGO in SAP. This code allows you to execute various goods movements, including transfer postings. After selecting the appropriate options for transfer posting, you can specify the source and destination storage locations to complete the transfer.
What is the word for recording transaction in a chronological order in accounting?
The word for recording transactions in chronological order in accounting is "journalizing." This process involves entering each financial transaction into a journal, which serves as the initial record before posting to the general ledger. Journal entries typically include the date, accounts affected, amounts, and a brief description of the transaction.
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 term posting charges?
Posting charges refers to the process of adding charges or fees to an account. This can include things like late fees, interest charges, or other expenses associated with a particular transaction. It is important for individuals to review their statements regularly to ensure accuracy and understand the charges being applied.
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.
