what is zero balance clearing a/c. why we r maintaining
this a/c in sap fico

Answer Posted / ekhlaque amin

Zero balance a/c is also known as salary account in which
the bank credits the amount to be recived by the employees
at the end of the month by debiting the employers account
it is done at the standing advice of the employeer

Is This Answer Correct ?    2 Yes 27 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

whether unsecured loans written off can be transferred directly to capital reserve without crediting it to profit and loss account

1860


I have been interview in next week my posting is accounts officer i have be manage with AP,AR,BRS and GL what Books i have read.

1567


bill to addres? ship to addres? rimit to address?

4544


EXPAND_________SCM

1794


Short Answer on _________________City Compensatory allowance

1519






what's accounts payable

10673


Plz send me the questions that could be asked in an interview for a Bank Clerical job to suja_aln@yahoo.co.in. Thank you.

1435


what is the main link between the income statement and the balance sheet?

1638


payroll calculation procedure explain completely?

2048


Classify bank account, stock of stationary account, returns inward account ou$tstanding rent account and capital account into real, personal and nominal account.

1722


Erection and Instalation charges of Rs 7500 to Lift was debited to repairs and maintenance account. Rectify it

1835


Expand-------NABT

1379


how to calculate IT? if bank intrest:1036 , long term capital gain:448841 short term capital gain :894 , income from rent 225000, and income from other source 347478, Advance tax paid 25000,lic 101508, medicliam 6990 and tds recd.25000

1625


what is ZBA hold & balance hold in banking?

1813


if a person join company on 01-04-04. after 5 year he is resigned on 31-03-09 and date of leaving is 14-04-09. Is he is on under gratuity payable or not? he is completed 5 years on 31-03-09. what is basis on calcultion on final settlement is date of resignation or date of leaving whcih is on 14-04-09.

1464