Skip to Content
avatar image
Former Member

posting area

hi,

1) what does it mean bank accounting? same as gl accounting in FEBA?

2) what does it mean subledger accounting in ?

3) bank also a subledger? just like customer and vendor?

4) bank also has recon gl account in gl just like customer and vendor?

thanks

Add comment
10|10000 characters needed characters exceeded

  • Get RSS Feed

1 Answer

  • avatar image
    Former Member
    Oct 10, 2007 at 01:16 PM

    > hi,

    >

    > 1) what does it mean bank accounting? same as gl

    > accounting in FEBA? <b>Yes</b><b>Posting area defines where exactly the posting is going to happen. Whether iit will happen on the GL side or on the sub ledger accounting (vendor or customer)</b>2) what does it mean subledger accounting in ?

    > 3) bank also a subledger? just like customer and

    > vendor? <b>They have the same meaning. Cutomer or vendor</b>

    > 4) bank also has recon gl account in gl just like

    > customer and vendor? <b>NO</b>>

    Add comment
    10|10000 characters needed characters exceeded