International Business Administration SIB500 Lecture Notes - Lecture 1: Accounts Receivable, Walmart Canada, Financial Statement
27 Jul 2016
School
Department
Professor
Document Summary
A complete database containing all the tables" necessary for creating a fully integrated system. Means it"s connected to other functions of the business. Accounts receivable (ar) are example of master records or tables. The smallest organizational unit for which accounting can be carried out. Where legal individual financial statements, such as the balance sheet and the profit and loss statement, are created. Company code 1000 company code 2000 company code 3000. Work at the head office you have access to all company codes. If you work at the head office you have access to financial statement to all financial reports. A chart of accounts must be assigned to every company code. Several company codes can use the same chart of accounts. A different chart of accounts can be used if a different grouping of the chart of accounts is required.
