any transaction which are done in bulk, for example. Employee provident Fund paid so it will have transacton as "Bulk posting"
Posting
steps and procedure in journalizing?
No, it's journalizing.
It is important to liaise with your bank on day to day bank transactions. This will be very useful for purposes of reconciling your records with those from the bank.
All accounting entries requires Special posting keys to perform any specific kind of transaction like accounts payable entry will use separate posting key while accounts receivable entry will require separate posting key to perform transactions in SAP which insures the transactions in correct ledgers.
bulk posting
by happening this bank will credit some amount for customer account
Bulk posting in banking involves posting a bunch of debits or credits at once, or in bulk, on particular days. Banks do this with just one posting.
bulk posting
Posting
it means that in your account their is 1 to many transcation is made and to make an entry the bulk posting is made .
steps and procedure in journalizing?
No, it's journalizing.
No, the bank address on checks is not required for all transactions.
It is important to liaise with your bank on day to day bank transactions. This will be very useful for purposes of reconciling your records with those from the bank.
All accounting entries requires Special posting keys to perform any specific kind of transaction like accounts payable entry will use separate posting key while accounts receivable entry will require separate posting key to perform transactions in SAP which insures the transactions in correct ledgers.
Cash management is keeping the receipt and payment of the money and to keep only required the amount in the Bank account and to use other amount in business. Also it means to avoid keeping bulk cash and instead the bank transactions should be preferred. Adequate security is to be planner while carrying bulk cash.