Chart of accounts - Study guides, Class notes & Summaries

General Ledger: What rolls an account's ending balance, for each reporting period into the retained earnings accounts, effectively making the balance forward for the account zero? - answer-Non-closing accounts General Ledger: What GL configuration option prevents users from entering a journal entry or other transaction that does not balance for the current dimension? - answer-Enforce JE balancing General Ledger: What does an entity translate to for transacting in a multi-entity shared env...

where do you assign group chart of accountsQuestionwhere do you assign group chart of accounts? general ledger account; company code; company; operating chart of accountsAnswer & ExplanationIn SAP, the group chart of accounts is assigned at the company code level. Here's a step-by-step explanation:1.Understanding Chart of Accounts:oA chart of accounts (COA) is a list of all general ledger accounts used by one or several company codes.oThe group chart of accounts is used to provide an ov...

RSC2601 – Research in Social Sciences 1 RSC2601 - Research in the Social Sciences EXAM PREPARATION This document is a compilation of past UNISA exam Questions and Answers, Assignment Questions and Answers, as well as Test Yourself Questions and Answers from Studyguide. Answers are motivated by a combination of: • Page references to the UNISA Study Guide: • Short summaries regarding the relevant topic(s) in question. Past exams covered are: • May/Jun 2011 • Oct/Nov...

AIS Test 1 Questions with 100% Verified Correct Answers Complete General Ledger - Correct Answer contains summary-level data for every asset, liability, equity, revenue, and expense account Sequence Code - Correct Answer items are numbered consecutively to account for all items; missing items cause a gap in the numerical sequence Audit Trail - Correct Answer Path of a transaction through a data processing system from point of origin to final output, or backwards from final output to point...

ARGUS Enterprise Certification Exam Review 2023 with complete solution ARGUS Enterprise merges three industry standard solutions: ARGUS Valuation - DCF , ARGUS Asset Management, and ARGUS Valuation - Capitalization A) True B) False A) True In ARGUS Enterprise you can utilize shortcut keyboard commands to navigate within certain sections of the program. A)True B) False A) True In AE, a us er can add over 100 properties into a portfolio. A)True B)False A)True Which is a benefi...

CRCR EXAM WITH CORRECT CHOICES, CERTIFIED AND VERRIFIED What are collection agency fees based on? - CORRECT ANSWER-A percentage of dollars collected Self-funded benefit plans may choose to coordinate benefits using the gender rule or what other rule? - CORRECT ANSWER-Birthday In what type of payment methodology is a lump sum or bundled payment negotiated between the payer and some or all providers? - CORRECT ANSWER-Case rates What customer service improvements might improve the patie...

QUICKBOOKS EXAM QUESTIONS AND ANSWERS Which 3 of the following statements are true about QuickBooks Online Accountant? - answer - It allows you to manage your team It is the platform through which you access your clients' QuickBooks Online files It's where you'll find the ProAdvisor training How would you best describe a product or service bundle? - answer - A collection of products and/or services that are sold together Which of the following QuickBooks Online features is only avail...

QuickBooks Practice Test 100 Questions with 100% Correct Answers During the Advanced Setup, you can turn on and off which features in the EasyStep Interview? a. Sales taxes b. Inventory c. Progress Invoicing d. All of the above ALL of the above During the Advanced Setup, you can set up a password for which of the following users during the EasyStep Interview? a. Administrator b. External Accountant c. You cannot setup passwords during the EasyStep interview d. All users adminis...

Which of the following CANNOT be entered during the setup of a new company? A. Company name and address B. Chart of accounts C. Trial balance, open balance D. Checking account statement balance (Ans- C After QuickBooks sets up a chart of accounts during the Express Start or Advanced Setup, which of the following is TRUE? A. Accounts open balances can be changed. B. It is possible to add more accounts later. C. New accounts can only be added during the Express Start or Advanced Se...

OMIS 455 FINAL EXAM ACTUAL QUESTIONS AND ANSWERS 2024 WITH COMPLETE SOLUTION Financial Accounting (FI) Ledgers - -General Ledger, Special Purpose Ledger, Subsidiary Ledger Goal of FI - Designed to collect the transactional data that provides a foundation for preparing the standard portfolio of reports for external parties. Reports include Balance sheet, income statement, statement of cash flows. Credit control Area - An organizational entity which grants and monitors a credit limit ...