What is journal entries? What is cash allotment? What is differance between PO and Non-PO Invoice? What is accural expanses? What is prepaid expanses? What is vendor ageing? What is MIS? What is trend report?

Question

Accepted Answer

Journal entries are records of financial transactions. Cash allotment is the allocation of funds. PO and Non-PO invoices differ in their procurement process. Accrual expenses are costs incurred but not yet paid. Prepaid expenses are payments made in advance. Vendor ageing is the analysis of outstanding payments to vendors. MIS is a management information system. Trend reports show patterns and changes over time.

Journal entries are records of financial transactions
Cash allotment is the allocation of funds
PO invoices are related to purchase orders, while Non-PO invoices are not
Accrual expenses are costs incurred but not yet paid
Prepaid expenses are payments made in advance
Vendor ageing analyzes outstanding payments to vendors
MIS is a management information system
Trend reports show patterns and changes over time

Accepted Answer

Journal entries are recorded of financial transactions.2)cash allotment is the poallocation of funds .3) po and non-po invoices differ in their procurement process.4)accural expenses are costs incurred but not yield paid.5)prepaid expenses are payments made in advance 6)vendor ageing is the analysis of outstanding payments to vendos.7) mis is a management information system.8)trend reports show patterns and changes over time

Accepted Answer

3.PO invoices and non-PO invoices are the two types of vendor invoices. To fully comprehend the distinction between PO and non-PO invoices, we must first examine the distinction between PO and non-PO purchasing of goods and services.

Accepted Answer

When automating accounts payable it is critical to understand the difference between a PO and non PO invoice.

What is journal entries? What is cash allotment? What is differance between PO and Non-PO Invoice? What is accural expanses? What is prepaid expanses? What is vendor ageing? What is MIS? What is trend report?

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