DAY 1
How many days are in the accounting close process
5 days
On the Operating ledger, the DT column stands for
Document Type
What are the 2 contract types
Consumer and Client
What is the abbreviation for Reclass
RCL
What is the Doc type for vendor invoices
KR
The system used by Field Accounting as the system of record is
SAP
If an entry was Entered by BTC_IUS, where did the transaction come from
myfinance or the unit's in unit system
What Does PPC Mean
Profit Per Contract
All Line item text should start with a
Verb
What report in SAP can I run to find out how often a payment is made to the vendor
Display Vendor (Accounting) or (Central)
G/L numbers that range from 200000-299999 account for
Liabilities
In the Business Line, what does the middle number represents
The Complex Number
In a Consumer model Compass's profitability is impacted by
ATL and BTL entries
If i am moving an expense from one unit to another unit, I am doing what?
Transferring or Doing a transfer
If a check is cut in house, then the check is mailed from
Charlotte Corporate Office
What sector is directly supported by the Mobile, AL field accounting service team?
Morrison
Running the operation ledger report with only the period, year and unit number is running how?
wide open
A client or Fee P&L should have what fee(s)
Management and/or Admin Fee(s)
If an invoice for P7 posted to the ledger in P8, the accountant should
Post an accrual
The reference column on the ledger will give you what information
invoice number
What is the last month of Compass's year (P12)
September
If I want a list of all the units in a complex or contract I can run what report?
ZContacts
The monthly invoice that the client receives when they are not profitable is
Subsidy
When pasting your journal entry into SAP which company code should be used
The company code for the first line of the JE
Payment method Q means
The vendor is paid via City Bank