When i was running 'Dunning letter print specific invoice' report it is giving empty output for specific invoice numbers..

tej

• Oct 20th, 2017

Dunning letter is letter to notification sent to customer stating that the customer is overdue in paying & account receivable sender

PRATEEK SINGH RAGHAV

• Jul 14th, 2016

What is a dunning letter? A dunning letter is a notification sent to a customer, stating that the customer is overdue in paying an account receivable to the sender. Dunning letters typically follow a...

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Srinivas Vayuvegula

• Aug 22nd, 2011

Time periods you define to age your debit items. Aging buckets are used in the Aging reports to see both current and outstanding debit items. For example you can define an aging bucket that includes a...

Praseedha.vs

 Profile Answers by Praseedha.vs Questions by Praseedha.vs

• Nov 13th, 2008

Time periods you define to age your debit items. Aging buckets are used in the Aging reports to see both current and outstanding debit items. For example, you can define an aging bucket that includes ...

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Stan

• Oct 14th, 2011

Not shipped

candideyes

 Profile Answers by candideyes Questions by candideyes

• May 7th, 2008

Delivered

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What is the difference between back end collections and front end collections?

cyndy

• Jun 24th, 2014

Front end collection is being proactive. Know what your customers AP dept needs to process payment quickly. Back end collections is calling for payment, letters, 2nd or 3rd invoices sent because customers AP needs were not known or communicated to your dept before order/invoices processed.

srinivareddy.sama

• Nov 24th, 2012

Back end collections means like commission on sales or commission on providing services
front end collections means like sales and providing services

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Why is Capital amount put in Liabillities and not in Assets

carajes

 Profile Answers by carajes Questions by carajes

• Jun 17th, 2008

The answer is very simple.One of the basic convention in accounting is separate legal entity.It means the business is different from those who manage it.When i contribute capital in to my business,it is liability to my business to repay it to me.

ravi.sankhyan

 Profile Answers by ravi.sankhyan Questions by ravi.sankhyan

• Jun 3rd, 2008

Because there is concept in the business i. e. business entity concept. According to that concept business and its owner,(incase of joint ventures etc) and in case of company its share holers both are...

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sindhusegaran

 Profile Answers by sindhusegaran Questions by sindhusegaran

• Jul 29th, 2009

Reconciliations compares two set of accounts. It is usually the balance in two accounts to make sure that they are in agreement.

angel987

 Profile Answers by angel987 Questions by angel987

• Jul 21st, 2008

Suppose you have 2?types of balances?A and B? reconcilaition is a process in which we compare if balances in A are equal to balances in B

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What is total flow of Account Receivables?

infantpragash

 Profile Answers by infantpragash Questions by infantpragash

• Nov 4th, 2009

Receiving the order from the customer->Quoate Approval->Create the Sales Order->Delivering the goods as per the SO->Create the Invoices->Receive Payments from customer.

ANITA PUJARY

 Profile Answers by ANITA PUJARY Questions by ANITA PUJARY

• Jun 12th, 2009

Flow of Accounts receivable should be in proportion to Accounts payable i.e. in terms of ration 2:1

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How much time needs to pass for an A/R account to be considered delinquent?

kumardurgam

 Profile Answers by kumardurgam Questions by kumardurgam

• Sep 2nd, 2010

After 90 days of the due date.

gyan_nandu7710

 Profile Answers by gyan_nandu7710 Questions by gyan_nandu7710

• Jul 13th, 2009

It depends upon the net terms of the account

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Sunny Rao

• Feb 3rd, 2012

The main target of analysing AR account is to decrease the aging outstanding at the most and should always scrutinize the aging often as sometimes credit lies somewhere and debit lies somewhere (specially in advance cases).

aparnaramkumar

 Profile Answers by aparnaramkumar Questions by aparnaramkumar

• May 7th, 2011

Always we should look for corresponding debit/credit entries. 

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If a Company 'A' transfers $1000 to Company 'B'. illustrate the accounting entries.

Rohit Sharma

• Jul 27th, 2011

In the books of company A
Company B A/c .........Dr 1000
To Cash/ Bank A/c 1000

In the books of company B
Cash / Bank A/c ......Dr 1000
To Company A A/c 1000

HARI

• Jul 19th, 2011

In the books of A

B A/c. Dr.
to Cash A/c.

In the books of B

Cash A/c. Dr.
to A A/c.

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tomk11

 Profile Answers by tomk11 Questions by tomk11

• Apr 28th, 2012

Contribution margin is the difference between the selling price and variable cost per unit or in total for the level of activity. Contribution margin is the amount of each revenue dollar remaining to pay fixed costs and provide a profit after variable costs are covered.

Prasant Kumar Mallick

• Mar 22nd, 2012

Contribution is nothing but your fixed expenses (Business),the total Equation is--your total expenses will be divided into two category. 1) FC (Fixed Cost) 2) VC Variable cost, Fixed Cost-:fixed cos...

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Mrinava Chakraborty

• May 16th, 2018

The cycle is as follows :
1. Sales (getting into a contract)
2. Master data management
3. Credit review
4. Order Management
5. Billing and invoicing
6. Cash Application
7. Collections
8. Deductions

Ganesh

• Feb 6th, 2015

Review of the product ->quotation->order to goods ->create the sales order->delivery the goods -> create the invoice Bill -> order to cash ->

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1. How we are going to close AR Periods?2. Where we are going to use Accounting Rules what are the setups for that?3. Know we are having 100 Transactions in AR. Know we want to close 50 Transactions How?

anuradha.vijayaraghava

 Profile Answers by anuradha.vijayaraghava Questions by anuradha.vijayaraghava

• Mar 12th, 2007

1. Review balances and reconcile the AR transactions, i.e,•*Reconcile receipts •*Reconcile journals •*Reconcile transactions •*Reconcile customer balancesReconcile transactions and...

rajugoouru

• Feb 21st, 2007

1.There is no such period close for AR. AR is submodule of FI. FI period close also applicable to AR.Rajesh

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SARITA

• Sep 5th, 2011

PO Number, Invoice Number, curr, amount, description of the charges, date of invoie, billing address.

vinya

• Aug 16th, 2011

DATE OF PURCHASE an item no

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Sreesna

• Apr 17th, 2017

Account receivable is a business transactions where customer owes money to the business and the main components of AR is credit analysis, invoice, cash application and customer.

aneel

• Oct 27th, 2015

Accounts receivables are current assets to the company which will fulfill current obligations of the company within one year. Company can take short term loan against Account Receivables. Company ...

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What is the difference between finance and accounts?most of the companies having a different section like finance and accounts. why they aren't had only single section neither finance nor accounts?

sindhusegaran

 Profile Answers by sindhusegaran Questions by sindhusegaran

• Jul 29th, 2009

Finance management or allocation of cash to varoius deparments.Accounts is the bookeeping record of each transation involved (they add value to each other).

y_chndr

 Profile Answers by y_chndr Questions by y_chndr

• Aug 19th, 2008

Finance: it is an economic activity. it involes managing the funds, how to raise the funds & its allocation in diffrent departments like production, marketing, hr etcAccounting: it is an art?of keeping the records of all transactions took place in the business acivityBy: Y.P.chadra??

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What is the difference between debenture holders and creditors?

Amit bharat

• Apr 17th, 2007

The debenture holder provides finance to company. The company pay the interest to debenturem holder. Creditors are the group of persons who provides trading goods as?well as raw material?to the company on credit.

saijothi

• Mar 7th, 2007

Debenture holder gets the first preference for the payment when winding up of the company Creditors are those on whom?company is having liablity for the payment towards services rendered

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anilasanthosh

 Profile Answers by anilasanthosh Questions by anilasanthosh

• Apr 2nd, 2009

Derivative instrument is an asset which derives ie, takes its origin from another asset.The simplest form of derivative is a forward contract, "It is an agreement to buy or sell an asset at a&nbs...

gayathriyellai

 Profile Answers by gayathriyellai Questions by gayathriyellai

• Dec 9th, 2008

Derivate is product whose valuse is derived from the value of one or more basic variables, called bases, in a contractual manner.

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Sweete  

 Profile Answers by Sweete Questions by Sweete

• Member Since Jun-2008 | Jun 20th, 2008

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BRS - Bank Reconciliation Statement

A bank reconciliation statement is a statement prepared by organizations to reconcile the balance of cash at bank in a company's own records with the bank statement on a particular date.

The differences may arise because of the following reasons:
1. Cheques deposited into bank but not yet collected by bank
2. Cheques issued by the organization but not yet presented for payment
3. Cheques directly deposited by customers into the bank
4. Bank charges debited by bank
5. Interest credited or some receipts directly collected by bank based on org. request.
6. Some payments directly made by bank based on the organizations request.

So, the statement shows the reasons as what are the reasons for difference in balance.

Thanks,
Sweete

jani basha

 Profile Answers by jani basha Questions by jani basha

• Dec 3rd, 2008

Bank Reconsilation statement through which comparison of the pass book amounts with cash book amounts or equal the cash book amounts with pass book amount by some adjustments.That adjustments are some...

mmanivannanca

 Profile Answers by mmanivannanca Questions by mmanivannanca

• Jun 20th, 2008

Bank reconciliation is the process of matching and comparing figures from accounting records against those presented on a bank statement. Less any items which have no relation to the bank statement, the balance of the accounting ledger should reconcile (match) to the balance of the bank statement

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You raised a deposit type of transaction to a customer, and received a receipt fully also.Later you raised a standard type of invoice, and adjusted deposited partially towards this std. invoice by using commitment Tab. If Customer is asking for refund of remaining amount. How will you refund the balance amount?

Ajit Mishra

• Nov 18th, 2013

Q. No. 1 ) What is different between cost account & bank reconciliation statements ?

Thanks & Regards

Ajit Mishra

kirubakaran G

• Sep 20th, 2011

If AR update process has been not done and apply Payment has been not done for the Customer you can adjust the Amount in AR itself. Else if the AR update process has been not done and apply Payment h...

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