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University of the PhilippinesFinancial Management Information System UserGuide Processed Processable InformationSystem FunctionalDomain Responsibility Purpose DataRequirementDependenciesScenarioTSFM50007 CreateJournalEntries FinancialManagementInformationSystem GeneralLedgerModule GeneralLedgerBudgetAnalyst Creating
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Debit/Credit is a financial statement that shows the company's debits and credits for a specific period of time.
All businesses and organizations are required to file debit and credit statements.
Debit and credit statements can be filled out manually or using accounting software.
The purpose of debit and credit statements is to track and monitor the company's financial transactions.
Debit and credit statements must report all debits and credits made by the company.
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