- World's Largest Collection of Interview Questions
Start Your Own website Now
Sponsored Links

Interview Questions
Our Services

Get 9,000 Interview Questions & Answers in an eBook.

  • 9500+ Pages
  • 9000 Question & Answers
  • All Tech. Categories
  • 14 MB Content

    Get it now !!

    Send your Resume to 6000 Companies

    Question :
    How does the payment mechanism work?
    Category Personal account Interview Questions
    Rating (0.4) By 857 users
    Added on 8/3/2010
    Views 1435
    Rate it!

    The open items of an account can only be cleared once you post an identical offsetting amount to the account. In other words, the balance of the items assigned to each other must equal zero. During clearing, the system enters a clearing document number and the clearing date in these items. In this way, invoices in a vendor account are indicated as paid, and items in a bank clearing account are indicated as cleared.

    You generally use the payment program to clear invoices. Manual clearing of open items is therefore not usually necessary. However, you will sometimes have to clear items manually if, for example, you receive a refund from your vendor or you have set up a direct debit procedure.

    If you have the better answer, then send it to us. We will display your answer after the approval.
    Rules to Post Answers in

  • There should not be any Spelling Mistakes.
  • There should not be any Gramatical Errors.
  • Answers must not contain any bad words.
  • Answers should not be the repeat of same answer, already approved.
  • Answer should be complete in itself.
  • Name :*
    Email Id :*
    Answer :*
    Verification Code Code Image - Please contact webmaster if you have problems seeing this image code Not readable? Load New Code
    Process Verification  Enter the above shown code:*
    Inform me about updated answers to this question

    Related Questions
    View Answer
    What is the difference between billable and non-billable expenses?
    View Answer
    What steps would you take before approving an invoice for payment?
    View Answer
    What is the meaning of invoice?
    View Answer
    What is Personal Account?
    View Answer

    Please Note: We keep on updating better answers to this site. In case you are looking for Jobs, Pls Click Here - Best Freshers & Experienced Jobs Website.

    View ALL Personal account Interview Questions

    User Options
    Sponsored Links

    Copyright ©2003-2015, All Rights Reserved.
    Privacy Policy | Terms and Conditions

    Download Yahoo Messenger | Placement Papers| FREE SMS | ASP .Net Tutorial | Web Hosting | Dedicated Servers | C Interview Questions & Answers

    Testing Articles | Testing Books | Testing Certifications | Testing FAQs | Testing Downloads | Testing Interview Questions | Testing Jobs | Testing Training Institutes

    Cache = 0.016113 Seconds