Describe the accounts receivable in Microsoft Dynamics AX. Give an example to illustrate its usefulness.

Q: an entry for a purchase on account updates both the general ledger and the vendors ledger is an…

A: Accounting database program is an accounting utility that stores accounting data in a single…

Q: What is the difference between a Manual and a Computerized accounting system?  What is e-commerce…

A: Manual accounting systems involves performance of accounting functions by accountants who perform…

Q: Which files do you usually find in a sales order module versus an account receivable (customer…

A: The sales order module contains an open sales order which is an internal document issued by seller…

Q: Draw a diagram depicting the relationship between the general ledger master file, control accounts,…

A: Relationship between the general ledger master file, control accounts, subsidiary files, and…

Q: Explain how to open a new account in the accounts payable ledger

A: The accounts payable ledger ia a subsidiary ledger which contains the details of all vendors to whom…

Q: The banking activities that QuickBooks Online records include:

A: Quick Books It is  accounting software package which is used in  small and medium-sized businesses…

Q: Explain the relationship between accounting and business software applications like Quick Books,…

A: Quick Books, Xero, and Sap are accounting softwares.

Q: how to relate cloud accounting with cost management?

A: Cloud Accounting Cloud Accounting software is similar to traditional, on premises or self installed…

Q: Which common workflow error can cause duplicate expenses in QuickBooks Online? -Create a purchase…

A: Normal process for recording service bill is PO generating, invoice posting and vendor payment…

Q: which of the following banking-related systems considered as a core system: Select one: O. a. All of…

A: There are various core systems.

Q: Explain how the SELECT and WHERE commands help a user to view the necessary data from multiple…

A:

Q: Define prepaid accounts? Give example?

A: Prepaid account: It is an account which records the prepayment transactions. From the buyer’s point…

Q: What are some feature of integrated Accounting Software programs?

A: Integrated Accounting Software programs are applications that can perform multiple accounting…

Q: create t-accounts general ledger

A: T accounts preparation is the important step of accounting cycle process. These accounts are…

Q: Explain the following four graphs in the context of accounts receivable management.

A: The increase in Quality of account rejected will reduce sales.  Increasing the quality of accounts…

Q: Identify the following users as either an internal (I) or an external (E) user. Creditor

A:

Q: Give an example of accounts receivable.

A: The account receivables are also known with the name of debtors. These are the values due to a firm…

Q: What is the relationship between a database table and a user view?

A:

Q: Distinguish between an accounts payable file and a vouchers payable file.

A: Accounts Payable system:   The accounts payable system looks over the due payments to be processed…

Q: The outputs of a computerized accounting information system are called Reports. Software.…

A: Accounting information systems: Accounting information system is a system that collects, stores,…

Q: Accounts navable

A: Before preparing the Income Statement let us prepare proper Trial Balance to…

Q: The database language that allows you to access or maintain data in a database is

A: DCL , DDL ,TCL and DML are 4 groups of SQL commands  that perform different functions. DML ( Data…

Q: Which of the following events would be LEAST likely to be modeled in an REA diagram?a. customer…

A: Definition: REA model: The graphical representation which shows the re-engineered accounting system…

Q: How is QuickBooks organized?

A:

Q: How many account management in accounts

A: The accounting process includes the bookkeeping process which involves the journal entry of the…

Q: What are some of the more common uses of data codes in accounting information systems?

A:

Q: ee the image below.  Please provide some solutions so that I can verify that I solved the  problem…

A: Solution: We are required to find the account receivable from Silang From the comment received from…

Q: What is Xero Accounting Software?

A: Accounting software are the kind of applications that are used for preparing the accounting books…

Q: What can you do to ensure that all payments are accurately coded and allocated to accounts?

A: SOLUTION- Coding in accounting is the process of assigning numbers or letters to data to create a…

Q: Definition of cloud accounting

A: The answer is provided as follows:

Q: Where does the client initiate the setup of QuickBooks Payments

A: QuickBooks seems to be an accounting software company whose services include desktop, internet, and…

Q: Create a Ledger.

A: Ledger is a principal book that contains all the accounts such as Assets Accounts, Liabilities…

Q: If the company has a multiple trasactions, what ledger should you post the trasaction?

A: Financial accounting involves recording of financial transactions of a firm during the accounting…

Q: Accounting information system is usually viewed by many as a stand alone software used to collect,…

A: Computerized accounting includes using the computers and accounting software for recording, storing…

Q: create a ledger

A: Bank statement: The bank passbook is only a copy of the customer's accounts in the books of bank.…

Q: Which files do you usually find in a sales order module versus an accounts receivable (customer)…

A: Sale is the outflow of the commodities or the inventory held with the business entity to generate…

Q: CREATE YOUR OWN FORM OF “CHART OF ACCOUNTS”

A: NATURE OF BUSINESS - GARMENTS MANUFACTURING   CHART OF ACCOUNTS ACCOUNT NO.  ACCOUNT TITLE 1…

Q: a. Give three examples of access control in a point-of-sale (POS) system. a. Discuss how the nature…

A: The question is based software security and access point control at point to sale system.

Q: Give me an example of ledger?

A: The ledger provides the summary of all the business transactions incurred during the period. The…