10th POST- DIFFERENTIATE THE UBS TERMS

DIFFERENTIATE THE UBS TERMS BELOW:


a) Period VS Accounting period


Period is a interval time of the UBS.


Accounting period is the time period reflected by a set of financial statements. Usually, the accounting period is either the calendar year or a quarter. For example, publicly-trade companies must report their financial state for the accounting period since their previous report that have in UBS system.

b) Add Entry VS Quick Entry


Add Entry just one side of Entry, there have to complete the other side. click save, then click on accept to complete the transaction.


Quick Entry is have double entry, user have to use the master account to do the transaction and the system will generate the other side automatically. All you need to do is nominate a Master account. 



c) Clear Files/ Generate Sample Chart VS Delete unwanted transactions


 Clear Files/ Generate Sample Chart is clear all the transaction, accounts numbers and batch titles of the data folder will be deleted.


Delete unwanted transactions is just delete unwanted transactions, such as, the debtor account we are want to delete, we can put the symbols(********) and the go to housekepping, choice Delete unwanted transactions to delete the particular unwanted Files.


d) Edit VS V.Edit


Edit function can help Users to modify Transactions one by one.


V.Edit function can help users  to modify transactions faster  and easier. When users  click on V.Edit button, the  screen will display the  transactions that  shown  on the  transaction viewer (at lower part  of the  page) to allow users  to do modification.