WebFeb 3, 2024 · A general ledger is a master set of accounts that records all transactions, including credit and debit entries, for a customer. Accountants categorize a general ledger under five types of accounts, which are assets, liabilities, equity, income and expense. They often use a general ledger to create a trial balance for internal accounting records. WebDec 12, 2024 · Analyzed asset accounts to identify, document and correct discrepancies to ensure the monthly reconciliations are accurately stated. Developed Excel models to automate the matching and verification of transactions for reconciliations. Completed all fixed asset Balance Sheet account reconciliations and evaluated respective currency …
RAJESH KOTIAN - Fixed Assets & GL Accountant
WebAug 2, 2024 · What are Fixed Assets? Fixed assets are tangible assets purchased for the supply of services or goods, use in the process of production, letting out on rent to third … WebFixed asset Used to track long-term transactions, such as, equipment & buildings. Other asset Used to track miscellaneous assets that cannot be classified as current assets, … star wars carbonite sith army
Fixed Asset Specialist
WebMar 30, 2024 · The usage of Asset Accounting is not just restricted in S/4 HANA. It can be used with ECC system also (from EHP 7 onwards), provided New GL is activated. However, the difference is while it is mandatory to activate new Asset Accounting in S/4, it is an optional feature in ECC. WebFeb 28, 2014 · There is a GL Posting routine in the financial series for fixed assets. Running this creates the journal entry to move the asset amounts out of the clearing account and in to a Fixed Asset account on the … WebAccounts Payable Ledger – It records all the credit purchases and payments to creditors. Fixed Assets Ledger – Records all transaction data for individual fixed assets like land, building, furniture & fixtures, or any … star wars canyon death valley