What is the meaning of "zzzzzzzzz" in open & close posting
period?
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Answer Posted / haroon
In the posting period main purpose of controlling of the
entry level. if may controlled by monthly once , or
quarterly once or yearly once. Most of companies creating by
posting period of monthly once controlled by all entries. It
mainly used daily updating entry, fast to fast,and awareness
of all employee levels.
The following of the furnished indicating :
A Assets
D Customers
K Vendors
S GL
M Material
V Contracts
In the controlled by the G/L.
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