Discussions
New To NetSuite | Statistical Journal
Statistical Journal Entries are a special type of accounting entry used for specific purposes. These entries are designed to record transactions that are one-sided, meaning they don't involve a direct exchange of money or assets. Instead, they are used to track and analyze data by categorizing it into different classes, departments, or locations. Statistical Journals are unique because they only have a positive or debit amount, and there's no need for them to be balanced. While they don't require balancing, you have the option to balance them against a special account called a "statistical balancing dummy account" if you prefer to maintain
Ayitah Tallada | General Accounting and Asset Management
Did you know your engagement in our programs can lead to awesome surprises? That's right!
By participating and showcasing your skills, you'll get a chance to win exclusive rewards. Are you ready to unlock your potential and claim these amazing perks?
Learn more and join in the fun:
