The General Index of Financial Information (GIFI) is a normal list of code that you use to arrange your financial statements.
Re: General Index of Financial Information (GIFI) (4 replies, posted in Banking and General Ledger)
Bounced cheques are one of the most common offences plague the monetary world. You please present the cheque again and on receipt of the information about the bounce of the cheque you instantly issue notice within 30 days from the receipt of the information of bounce of the cheque to the client.
Final accounts and the balance sheet are conclusion products of book-keeping. As significance of these statements it became essential for the accountants to expand some principles ideas and convention which may be regard as fundamentals of accounting. Such fundamentals having broad approval give dependability and creditability to the financial statements prepared by the accountants.