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  • Accounting Modules

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    win
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    The document outlines the modules of a baseline accounting system, including vendors, customers, employees, banking, financial reports, and purchasing and sales cycles. The vendors module manages purchase orders, receiving items, and entering bills. The customers module creates invoices and tracks customer payments. The employees module handles time tracking, payroll calculation, and paying employees. The banking module pays bills, makes deposits, and manages cash flow. Financial and reports modules provide management reporting and tax filings. The purchasing and sales cycles encompass ordering, receiving, billing, and collections functions.

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    types of accounting modeling

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    The document outlines the modules of a baseline accounting system, including vendors, customers, employees, banking, financial reports, and purchasing and sales cycles. The vendors module manages purchase orders, receiving items, and entering bills. The customers module creates invoices and tracks customer payments. The employees module handles time tracking, payroll calculation, and paying employees. The banking module pays bills, makes deposits, and manages cash flow. Financial and reports modules provide management reporting and tax filings. The purchasing and sales cycles encompass ordering, receiving, billing, and collections functions.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    2 views1 page

    Accounting Modules

    Uploaded by

    win
    The document outlines the modules of a baseline accounting system, including vendors, customers, employees, banking, financial reports, and purchasing and sales cycles. The vendors module manages purchase orders, receiving items, and entering bills. The customers module creates invoices and tracks customer payments. The employees module handles time tracking, payroll calculation, and paying employees. The banking module pays bills, makes deposits, and manages cash flow. Financial and reports modules provide management reporting and tax filings. The purchasing and sales cycles encompass ordering, receiving, billing, and collections functions.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    Baseline Accounting System

    Study online at https://quizlet.com/_1f4ohs

    -Create purchase orders


    Vendors Module -Receive items
    -Enter bills
    -Create invoices
    Customers Module
    -Receive customer payments
    -Enter time
    Employees Module
    -Calculate payroll
    -Pay bills
    -Make deposits
    Banking Module
    -Pay employees
    -Pay payroll liabilities
    -Adjusting entries
    -Correcting entries
    Financial Module
    -Closing entries
    -Other
    -Management reports
    -Tax reports
    Reports Module
    -External financial reports
    -Sustainability reports
    -Create purchase orders
    -Receive items
    Purchasing Cycle
    -Enter Bills
    -Pay Bills
    -Create invoices
    Sales Cycle -Receive customer payments
    -Make deposits
    -Enter time
    Payroll Cycle -Calculate payroll
    -Pay employees

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