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
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can any one tell me the Types of accounts in practise
How to calculate closing stock? I have opening stock of 72 lacs (average costing without tax) and purchase of 49 lacs (with tax) and sales of 101 lacs (without tax). What is my closing stock then???? Should i add tax in sales? Where all should tax be included and where all should tax NOT be included? Right now i calculated => 72(no tax)+49(with tax)-101(no tax) = 20 lacs. IS this correct?
Expand-----RTD
Differents between Equity Share and Preference Share Capital?
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