what is open item management?
Answers were Sorted based on User's Feedback
Answer / divya
while creating gl master record there will be one field
called open item management where we need to tick the
indicator so that at the time of posting any invoice
relating to debtors or creditors automatically the invoice
whatever we have posted will be shown as an open item which
means that has to be cleared or payment has to be done.
when we want to check the customer or vendor balances it
will be shown with a red mark which indicsates that it is
an open item management
Is This Answer Correct ? | 10 Yes | 0 No |
Answer / avish
open item management is related with outstanding expenses IE;
salary account which is not paid yet it has to be pay in future related account receivables and account payable.
Is This Answer Correct ? | 1 Yes | 0 No |
how to calculate LTA with out Bills?
explian depriation? asked on 30/7/09
if a company has to pay the salary in the month of april for the months of march,apil,and may to a person who joined in the company on 15march. what are the entries for the transaction ?
Expand ------MNIC
Short Answer on __________Revenue
what is mean by reserve?
Can anybody tell me the placement of the following ledgers in the Trial Balance 1.Loans and Advances 2.Interest on Capital 3.Customer Deposit 4.Preliminery expenses 5.Insurance claim
what is the point of sale
Expand U G A(Allowance in mines)
What is the Formula For Return on Working Capital
Choose the right answer When diesel supplied to the hired vehicle we have to credit 1.Diesel 2.Hire 3.Owner of the vehicle
what is accrual income ?
15 Answers Capital IQ, Cognizant, Genpact,