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any transaction which are done in bulk, for example. Employee provident Fund paid so it will have transacton as "Bulk posting"

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14y ago

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What is bulk posting in sbi?

bulk posting


Bulk posting charges in sbi bank?

by happening this bank will credit some amount for customer account


What is bulk posting in banking?

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.


What is the dictionary meaning of bulk?

bulk posting


Is entering transactions in a journal called posting?

Posting


What is the meaning of bulk posting in banking terms?

it means that in your account their is 1 to many transcation is made and to make an entry the bulk posting is made .


What are the procedures for journalizing and posting transactions?

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The process of recording transactions in the journal is called posting?

No, it's journalizing.


Is the bank address on checks required for all transactions?

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Liase with bank on day to day bank 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.


What is posting key in sap?

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.


What are the features of cash management?

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.