What was the purpose for deleting the Accounts Payable opening balances batch in the General Ledger module
Question:
What was the purpose for deleting the Accounts Payable opening balances batch in the General Ledger module for Omni Electrical Supplies Ltd?
How does an adjustment made against a bank account affect Bank Services?
If a discount is not available for a payment based on the discount date, can you still enter the discount? if so, how?
Explain the process of reversing a check. when a reversed cheque is posted, what happens to the original invoice that was paid by the reversed cheque? what transaction is created in the General Ledger module?
What is the purpose of bank services? what transactions types are used for bank services?
What is the purpose of setting up distribution codes and distribution sets? are they mandatory or optional?
College Accounting A Contemporary Approach
ISBN: 978-0077639730
3rd edition
Authors: David Haddock, John Price, Michael Farina