what is open item managed account?



what is open item managed account?..

Answer / durga bhavani

we select open item mangment check box which account we
want to clear.that means for liablities and balance sheet
accounts and where the clearing is required at that time
weselect openitem management. suppose for rent provision
rent ac..dr to outstanding out standing is a liablity at
that time we select openitem management check box in fsoo
at the time of creation of outstanding account

Is This Answer Correct ?    2 Yes 0 No

Post New Answer

More Accounting AllOther Interview Questions

Exapnd--------RAN

0 Answers  


EXPAND___________INTUC

2 Answers  


Under which headings the following transaction appear in bank reconciliation as on 30.06.03 particulars Interest debited by bank Chq issued to suppliers not appearing in bank statement Chq deposited not appearing in bank statement Income not accounted in books appearing in bank statement

1 Answers  


journal entry for depreciation

5 Answers  


Raju put labour charges bill for Rs 65000/- You are directed to deduct 5% security deposit and 1.15% TDS from the bill. Pass journal entry for it

0 Answers  






Manju started business with Rs.10000?state whether the following transcation is business transcation or non business transcation?with reson?

1 Answers  


HOW MANY ACCOUNTING STANDARDS ARE PREVAILING IN INDIA AS DECLARED BY ICAI

3 Answers  


Salry pai dto Sharma debited to Sharma account is it correct.If not correct rectify it

7 Answers   Accenture,


Expand---------MDTR

1 Answers  


difference between contra entry and double entry?

0 Answers   TCS,


Define bank Cheque

2 Answers  


can i have practical examples of AS-30

0 Answers  


Categories