Question
I'm trying to learn ERP using SAP, and working on an exercise that involves some accounting. I'm having some difficulty answering and understanding the following
I'm trying to learn ERP using SAP, and working on an exercise that involves some accounting. I'm having some difficulty answering and understanding the following question and would appreciate a detailed explanation.
Why is the Bank account a credit amount?
| Company Code | Item | Packages | Account | Description | Amount | Currency |
| US00 | 1 | 31 | 102000 | Protective Gear | 5,250.00- | USD |
| 2 | 86 | 500000 | DN/KN Account | 1,500.00 | USD | |
| 3 | 86 | 500000 | DN/KN Account | 3,750.00 | USD |
| Company Code | Item | Packages | Account | Description | Amount | Currency |
| US00 | 1 | 50 | 110000 | Bank | 5,250.00- | USD |
| 2 | 25 | 102000 | Protective Gear | 5,250.00 | USD | |
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9 Keys To Successful Audits
Authors: Denise Robitaille
1st Edition
1932828680, 978-1932828689
