What is meant by RTGS?
What is the use of Delivery Note?
Latest Answer: A Delivery Note is the attached document with the supply goods. Document shows the all detail related to good. ...
What is MALA? How it is useful in accounts payable?
What is an Accrual entry?
If there is oustanding payments, we have to pass accural enteries. So what are the enteries for accurals?
Latest Answer: According to matching principle, all expenses and revenue must be recorded at the period where they are realised. So to create accrual we debit the expense for example recording telephone expenses that was not passed to the GL we debit tele exp and credit ...
In accounts payable we use to pass sub ledger entries and what is it for?
What do you mean by price variation in Purchase Invoice?
Latest Answer: The price may differ from vendor invoice while comparing with purchase order ...
In accounts payable - What do you mean by STPT?
Latest Answer: Software Technology Parks of India (STPI), is a society set up by the
Department of Communication & Information Technology, Government of India in 1991, with the objective of encouraging, promoting and boosting the Software Exports from ...
How to pass a JV when we receive bill including service tax? How to close this a/c?
Latest Answer: Sirji,It is simple question.First of all, there are two situations involved in this single question.1. When you account for those service taxes and2. When you don't account for those service taxescase 1: Suppose you are buying raw material and you ...
What is 3 Way Matching?
Latest Answer: 3 way Matching is matching with PO, Invoice and GR ...
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