Flya Kite Intro Chapter (2)

Legal accounting unit accounting s balanced set of

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Unformatted text preview: te Introduction 15 Company Code s Represents an Represents independent legal accounting unit accounting s Balanced set of Balanced books, as required books as by law, are prepared at this level at s A client may have client more than one company code company Assets Liabilities & Owners Equity – United States – Europe Quarles: Flya Kite Introduction 16 Chart of Accounts s Complete list of all accounts in the General Ledger for a company General s Each company code must be Each company assigned one, and only one, chart of accounts accounts s Several company codes can use the Several same (i.e., identical) chart of accounts accounts Quarles: Flya Kite Introduction 17 Passwords s Each user has his/her own unique Each password s On the initial login, the generic On password must be changed to a user...
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