tell me about Consolidation?
Answers were Sorted based on User's Feedback
Answer / ramana
consolidation means number of chart of accounts are link
with one chart of account. Its means operational chart of
accounts are link with group chart of account.
Is This Answer Correct ? | 3 Yes | 3 No |
Answer / suraj
hello
as per my knowledge consolidation is necessary for chart of
accounts, business areas etc
for chart of accounts we assign n number of company code
if the one currency, if not another chart of account is
necessary for different currency. if u want to know the
complete result of the company u must consolidate the chart
of accounts.
for business areas to know the entire results of the
business areas we must consolidate with one business area
Is This Answer Correct ? | 0 Yes | 4 No |
Answer / nagarjuna reddy
It means that We will have to link various departments so
that we can understand the flow of the data.It meansa that
data must b shared with each other other wise a problem
arises.
so we need database t b viewd so we will have to
consolidate.so that we can work fast if we consolidate with
each other.
(As per my Knowledge )
Is This Answer Correct ? | 0 Yes | 5 No |
What is the overview of Depreciation? how it will be calculated in asset account? please tel me...
Is it possible to generate a financial statement form automatically?
HOw to link many groups(chart of accounts) to one particular country specific COA. what are the preparations required in FICO implementation.
in which process vendor data are uploaded in bdc
State the purpose of defining posting keys?
am getting an error when I am trying to do a settlement for orders. It says "complete allocation structure to A1". Any suggestions?
Explain the difference between Country chart of accounts nd group chart of accounts
Hi Friends, I have configured the tax on sale and purchase, if I select “calculate taxes on net amount” in editing option then it calculate the tax correctly. But I want to calculate the tax out of gross amount of the invoice. For example I get a invoice for Rs. 20,000/- and now I want to calculate the tax out of Rs. 20,000/- (20000/1.04=19230 taxable amount and tax is 770/-). I would be appreciate if any body can help me in this regard and tell me the configuration of the same. Regards Anil Kumar
What is a posting period variant ?
How do you go about configuring asset accounting?
For stat. Key figure what is the significance of sender & receiver cost elements & cost centers?
What is the fundamental behind Field Status Groups ? where all Assignments ? what for used?