[b][size=14pt]
What Could be the Possible Full Meanings of Some of these Accounting Codes?
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What could be the meanings of some of these codes in account payable and account receivable transactions? My friend and I have just started working on some documents of a business entity and came across some of these codes, whose understanding and careful interpretation may help us make a better decision concerning what is placed before us.
Below are some of the codes:-
Crv, JV, INV, JD, JC, CRV, K.
Under 'references', some numbers are attached to these codes, why under 'codes' they appear without numbers attached to them. See examples below:-

Reference Code Dr Cr

IVN5620 INV #8000
IVN5621 IVN #9500
IVN5622 IVN #9000
crv8900 Cash #3000
crv8901 Cash #6000
crv8902 Cash #4000

Accountants and those that have sound knowledge of financial reporting in the house, what are your views on these?
[/b]
We have started working on the report already but we are yet to reach a compromise as to the meaning of some of the codes stated above. Your contribution is most welcome.

This should reach FP ABEG. Not tonto dikeh and linda ikeji pictures
ladyf and introvert cant be of use here

Think I know some of them...

JV.... Journal voucher

INV.... Invoice

ladyF:
Think I know some of them...

I should be glad if you could kindly state them down

olabode89:
JV.... Journal voucher

INV.... Invoice

Thanks. What about the rest pls?

PissedOffWeed:
This should reach FP ABEG. Not tonto dikeh and linda ikeji pictures
ladyf and introvert cant be of use here

Where are they?

Orkpekyandega:
[b][size=14pt]
What Could be the Possible Full Meanings of Some of these Accounting Codes?
[/size]
What could be the meanings of some of these codes in account payable and account receivable transactions? My friend and I have just started working on some documents of a business entity and came across some of these codes, whose understanding and careful interpretation may help us make a better decision concerning what is placed before us.
Below are some of the codes:-
Crv, JV, INV, JD, JC, CRV, K.
Under 'references', some numbers are attached to these codes, why under 'codes' they appear without numbers attached to them. See examples below:-

Reference Code Dr Cr

IVN5620 INV #8000
IVN5621 IVN #9500
IVN5622 IVN #9000
crv8900 Cash #3000
crv8901 Cash #6000
crv8902 Cash #4000

Accountants and those that have sound knowledge of financial reporting in the house, what are your views on these?
[/b]
We have started working on the report already but we are yet to reach a compromise as to the meaning of some of the codes stated above. Your contribution is most welcome.

JD -journal debit
JC - journal credit
Inv - invoice
So where it says "IVN5622" it's referring you to an invoice. It's an invoice number. You might want to go to the sales ledger to find the corresponding invoice. Also "crv 8902" is cash received and it's a reference to the receipt.

fulanigirl:


JD -journal debit
JC - journal credit
Inv - invoice
So where it says "IVN5622" it's referring you to an invoice. It's an invoice number. You might want to go to the sales ledger to find the corresponding invoice. Also "crv 8902" is cash received and it's a reference to the receipt.

Thanks for your contribution. You made my day.



Hmmmmmmmnnnnn





am afraid of your











































monicker though.

Orkpekyandega:


Thanks for your contribution. You made my day.



Hmmmmmmmnnnnn





am afraid of your











































monicker though.

Why?

fulanigirl:


Why?

I don't think this places is safe and convinient for me to talk about it. I just wish to keep it to myself. Thanks