We may notice that for certain Balance Sheet General Ledger accounts the opening balance of a fiscal year does not equal the closing balance of the same account for the previous fiscal year. It may be the case that the … Read More
Cross Company code clearing accounts cab be G/L accounts as well as Customer and Vendor accounts. We can enter cross company code transactions in one step in the General Ledger, Accounts Receivable, and Accounts Payable application components.
Several company codes… Read More
When is the CO substitution NOT called?
For negative postings that is, reversals that do not consist of an inverse posting but of an inversion of the CO document to be reversed. In negative postings the system … Read More
Sample Account Assignment is a master record containing data that is transferred when you create G/L account master records in the company code area.When you create a G/L account master record in the company code, the system transfers the data … Read More
What is SAP Post Dated Check, It means that contains a maturity date in the future. Unlike bills of exchange or promissory notes, post dated checks cannot be endorsed. Typically, companies keep them until the maturity date.
In SAP … Read More
1 Execute Report for Inter Company Activity & Journal Entries
2 Open posting period for next yr (T.Code: OB52)
3 Run Business Area’s Assignment report. (T.Code: F.50)
4 Review list of recurring journal entries (T.Code: … Read More