Can Accounts Payable be negative?

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Can Accounts Payable be negative?

kamranACA
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#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.

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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