Difference between post date and value date?
Answers were Sorted based on User's Feedback
Answer / orly dias
Posted date is the date the asset is recorded inb your
system and stored.
Value date is the date on which the asset or liability
becomes of value.
E.g. Cheques when submitted for clearing are posted in your
system and date is posted date. The value date of the
cheque is only once it is cleared and value is realised and
the money comes into the account and hence value date.
Is This Answer Correct ? | 30 Yes | 1 No |
Answer / vishal
Posting Date:- For Payments is date when Payment document is posted in SAP. This is normally the date the document is posted in SAP.
Value Date:- Is the date when the payment was actually received or paid by Customer.
Is This Answer Correct ? | 1 Yes | 0 No |
Answer / suburam
Post Date is also date but its represent Future date
Value Date is a date its represent Previous or current date
Is This Answer Correct ? | 5 Yes | 25 No |
Rams due of Rs 32500/- was settled thru adjustment of security deposit Rs 12000/-and the balance in cash.pass necessary entry
diff. between accounts & finance
how to entery pass in tally when items damage(items insured)and claim to insurance co.
Expand BEMS
what is the entry for accumulated depreciation?n why it is used?when it is necessary?
I am poor in written test. i ever qualify in written test so please keep a bank of america model paper
5 Answers BACS, Bank Of America, Capital IQ, Genpact, ICICI,
on fellowing which assest shouldn't be depriciate?a) furniture , b)television c)goodwill d)printer
what are the suggestions to control NPA in rural areas?
0 Answers State Bank Of India SBI,
Expand ------SAD
What is mean by secured loans?
When is the profession tax applicable? Is there a liability on the employer to pay PT? What is the amt of PT in case salary exceed Rs. 10,000/- pm
what is meant by cost accounting? How it is different from financial accounting