Define recurring journal formulas for transactions that you repeat every accounting period, such as accruals, depreciation charges, and allocations.
You can use recurring journals to create three types of journal entries:
Skeleton Journal Entries: Skeleton journals have varying amounts in each period. You define a recurring journal entry with out amounts, and then enter the appropriate amounts each accounting period.
There are no formulas to enter, only account combinations. For example, you can record temporary labor expenses in the same account combination every month with varying amount due to fluctuations in hours..
Standard Recurring Journal Entries: Standard recurring journal entries use the same accounts and amounts each period.
For Example: Record monthly lease expenses with constant amounts charged to the same account.
Recurring Journal Formula Entries: Formula entries use formulas to calculate journal amounts that vary from period to period. For example, calculate commotion to sales representative based on the sales of the month.
Thursday, September 20, 2007
Sunday, September 2, 2007
Purchasing FAQ’s
1. Define Requition?
2. What are the types of requitions?
3. What is the use of requition template?
4. What is the procedure for requition import?
5. What is meant by RFQ?
6. What are the types of RFQ”S?
7. What is meant by quatation and quotation analysis?
8. What is meant my PO?
9. What are the types of PO?
10. What are the types of receipts?
11. What is meant by receipt routing?
12. What is the purpose of receiving transactions?
13. What is meant by receipt routing? Types?
14. What is the use of auto creat?
15. What is meant by pay on receipt auto invoice?
16. What do you mean by controlling buyers workload?
17. What is Matching? What are the various methods of matching?
18. What is the use of defining security hierarchy?
19. What is the difference between accrue at period end and accrue on receipt?
20. Why are expenses items typically accrued at period end, and why are inventory items always accrued on receipt?
2. What are the types of requitions?
3. What is the use of requition template?
4. What is the procedure for requition import?
5. What is meant by RFQ?
6. What are the types of RFQ”S?
7. What is meant by quatation and quotation analysis?
8. What is meant my PO?
9. What are the types of PO?
10. What are the types of receipts?
11. What is meant by receipt routing?
12. What is the purpose of receiving transactions?
13. What is meant by receipt routing? Types?
14. What is the use of auto creat?
15. What is meant by pay on receipt auto invoice?
16. What do you mean by controlling buyers workload?
17. What is Matching? What are the various methods of matching?
18. What is the use of defining security hierarchy?
19. What is the difference between accrue at period end and accrue on receipt?
20. Why are expenses items typically accrued at period end, and why are inventory items always accrued on receipt?
Saturday, September 1, 2007
Types Of Purchase Orders
Hai Friends...
From the below picture you can find the diffrence between purchase orders.
From the below picture you can find the diffrence between purchase orders.
Subscribe to:
Posts (Atom)