What do you configure for regrouping receivables and payablesWhat do you configure for regrouping receivables and payables? Valuation method; sort method; provision method; calculation methodAnswer & ExplanationTo configure regrouping of receivables and payables, you would typically focus on ...
To configure regrouping of receivables and payables, you would typically focus
on the sort method.
Explanation:
1. Sort Method:
o The sort method is used to categorize or group receivables and
payables based on specific criteria such as due dates,
customer/vendor accounts, or other relevant attributes. This helps
in organizing financial data for better analysis and reporting.
2. Valuation Method:
o This is generally related to how assets or liabilities are valued in
financial statements (e.g., historical cost, fair value) rather than
specifically for regrouping purposes.
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