Latest Answer: Receivables means those who owes money to the organisation ...
What is the difference between debenture holders and creditors?
Latest Answer: The debenture holder provides finance to company. The company pay the interest to debenturem holder. Creditors are the group of persons who provides trading goods as well as raw material to the company on credit. ...
1. How we are going to close AR Periods?2. Where we are going to use Accounting Rules what are the setups for that?3. Know we are having 100 Transactions in AR. Know we want to close 50 Transactions How?
Latest Answer: 1. Review balances and reconcile the AR transactions, i.e,•*Reconcile receipts •*Reconcile journals •*Reconcile transactions •*Reconcile customer balancesReconcile transactions and receiptsReconcile outstanding customer balances i.e., ...
Latest Answer: Before answering the above question let us first understand the meaning of Intercompany transactions. Intercompany transactions are those transactions that takes place between two or more entities of the same group of company. So the receivable of one ...
What is the table that is used for aging bucket report,what is the main purpose of this report?
What is the Auto Invoice? What are the setup Steps for Auto Invoice?
Latest Answer: A powerful tool to import and validate transaction data from other financial systems and create invoices, debit memos, credit memos, and on-account creditsSetup steps:1. Define the line ordering rules2. define the grouping rules - attache ...
1)Which type of assets should be capitalized and when expense out?2)Which type of assets expense out or when?
What is the difference between finance and accounts?most of the companies having a different section like finance and accounts. why they aren't had only single section neither finance nor accounts?
Latest Answer: Finance: it is an economic activity. it involes managing the funds, how to raise the funds & its allocation in diffrent departments like production, marketing, hr etcAccounting: it is an art of keeping the records of all transactions took place in the ...
Latest Answer: HiReconciliation is a process of matching and comparing figures from accounting records against those presented on a bank statement. ...
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