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can you tel me what is the difference between workday
calendar and accounting calendar??????
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Answer / devi
Workday Calender is one of the Manifacturing calendar in the
we define working days and nonworking days...
Accounting calendar is it is Fisiacal Reporting calendar and
calculate the how many periods per a year..
| Is This Answer Correct ? | 13 Yes | 0 No |
Answer / loren
Workday calendar is simply use for transactional purposes.
For example in treasury in counting of money placements with
the define workday calendar you define working days is 5
days only excluding week ends, and this is the same AP
wherein you defined in aging of payables it will count due
date after you have set terms date, and so fourth in for AR.
While, the accounting calendar this is the financial period.
In defining it we will just simply refer to calendar 12
month and or 13 month including the adjustment period. This
is where the start and end of every financial periods and
cut off of reporting period in the financial statements.
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / sandeep raja
Financial calender : it is meant for defining financial periods for a particular BG. (TO MENTION AS FISCAL OR CALENDER YEAR)
WORKDAY CALENDER : It is defined in HR Resp to know the work days of an employees and holiday list and for transactional purpose of an org.
| Is This Answer Correct ? | 0 Yes | 0 No |
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