What do you mean by net postings? : fi- general ledger accounting
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1 Answers Keane India Ltd, RIIT,
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My company has 2 mode of payment method. 1- is resudial method and 2. is partial method. Now the scenario was I have to clear the customer, which haven't made payment within the specified time, in that case I have to charge interest on that customer. Now, the question is that which mode of payment should I follow to clear that customer.What will be the appropriate payment method inrespect of company rules? and plz. give the reason.
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"Special GL indicator F is not defined here"
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