What is ment by NOTED ITEMS.plz any 1 explain me
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Answer / swapna
which when posted does not effect the account balance .it
is just a document used as a remainder .. ex : downpayment
request
| Is This Answer Correct ? | 24 Yes | 1 No |
Answer / isoumo
Document are posted at the Company Code level, where balanced financial statements are ensured, a document can only be posted if the debits equal the credits.
An exception to this rule is a noted item which contains only a debit or a credit; it serves as a reminder and does not affect the financial books.
Example are> Post Dated Cheques, Down Payment Request,Bill of exchange payment request etc.
| Is This Answer Correct ? | 9 Yes | 0 No |
Answer / anji
A Noted item is a special GL transaction meant for
information purpose. A Noted item reminds the user groups
for potential payments and create a one side entry and other
advantages of noted items are u can access these
transactions from Automatic Payment program and Dunning Program
| Is This Answer Correct ? | 7 Yes | 0 No |
Answer / veeru
A Noted item is a special GL Transaction for Eg: Down Payment. which is not updated in database.Which is Create a Single line entry debit or credit side.when ever give noted item check box() at vendor display Line item.it will be updated data.
if wrong.. please tel me currect answer
| Is This Answer Correct ? | 2 Yes | 0 No |
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