Can Accounts Payable be negative?

0 Vote(s) - 0 Average

Can Accounts Payable be negative?

kamranACA
Offline

Posting Freak

Posts: 2,351
Threads: 42
Joined: Feb 2007
Reputation: 0

#5

02-13-2009, 11:15 PM

Dear,

It's purposeless to discuss it at length since it's matter of choice and system in place.

There are some benefits of opening two accounts but lots of demerits as well. One has to see how he or his system works better. Off course some systems will not take debit entries in credit accounts and credit entries in debit accounts. It's a demerit/limitation of such systems.

Regards,

KAMRAN.

« Next Oldest | Next Newest »

Users browsing this thread: 1 Guest(s)

Messages In This Thread

Can Accounts Payable be negative? - by abbas_chinikham - 02-11-2009, 09:14 PM

[No subject] - by kamranACA - 02-11-2009, 10:07 PM

[No subject] - by abbas_chinikham - 02-12-2009, 03:15 PM

[No subject] - by Hasaan - 02-13-2009, 10:34 PM

[No subject] - by kamranACA - 02-13-2009, 11:15 PM

[No subject] - by Uzair - 02-19-2009, 05:51 AM

[No subject] - by kamranACA - 02-19-2009, 05:57 PM

[No subject] - by Star - 02-19-2009, 06:35 PM

[No subject] - by Uzair - 02-19-2009, 06:43 PM

[No subject] - by kamranACA - 02-19-2009, 10:05 PM

[No subject] - by kamranACA - 02-19-2009, 10:06 PM

[No subject] - by Uzair - 02-20-2009, 12:28 AM

[No subject] - by Uzair - 02-20-2009, 12:39 AM

[No subject] - by kamranACA - 02-20-2009, 05:01 AM

[No subject] - by Star - 02-20-2009, 03:37 PM

[No subject] - by kamranACA - 02-20-2009, 08:39 PM