Answer Posted / vinod
RTGS. A system that streamlines that settlement of large-
value transactions between banks and other financial
institutions. Instead of moving physical amounts of cash,
the banks transfer funds electronically. When one bank
transfers money to another, the funds are immediately
credited to the second bank and debited to the first.
Is This Answer Correct ? | 20 Yes | 0 No |
Post New Answer View All Answers
You are using the accounts approach to parallel valuation and classic assets accounting. You need to create a new financial statement version to valuation based of IFRS principles. In asset accounting, what posting options can you choose for the new depreciation area? (any 2 answer) Area post in real time Area posts APC directly and depreciation periodically Area posts APC only directly Area posts APC and depreciation periodically
what is t code of gr/ir report?
What is accrual accounting?
can i direct payment made t code f-53 to bsnl agst telephone exp.? or 1st create a/c.of bsnl and book in fb60 then payment made whose correct?
what is loan operations and what are the complete process form from making customer to closure of loan
we have registered to MCCIA(Maratta Chember of Commerce Ind & Agri.).They given a Tax Invoice against this registration with charging service tax@10.3%.can we take credit of this service charge ?
Tell me which accounting application you prefer most and why?
in trading credit why does goods sent on consignment come?
What is an interest rate swap
How can pass reverse entry to close the account. If the Asset sides is greater then liabilities side and vice versa, then what can I do.
What information do you require before you approve an invoice for payment?
payment voucher for advance salary
In which condition a vendor raise excise invoice & what are the effect of excise invoice on client ?
what is current rate of excies duty for a manufacturing company?
The main financial accounting statements?