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Question
What is Down Payment? Can we create down payment for one 
time vendor or customer it is possible if it is possible 
explian?
 Question Submitted By :: FI-CO
I also faced this Question!!     Answer Posted By  
 
Answer
# 1
Down payment is advance payment to vendors for
supply/services.

It is not possible made down payment to one time vendor or
one time customer
 
Is This Answer Correct ?    17 Yes 4 No
Purushothaman Kannan
 

 
 
 
Other FI CO Interview Questions
 
  Question Asked @ Answers
 
What do you mean by Ticket?   3
WHAT IS THE DIFFERENCE BETWEEN NEW GL AND CLASSIC GL? IBM 1
how to find particular G/L account releate to Cost center. Oracle 2
can any one explain the difference between 4.7ee version and 6.0 version? (Main changes) Infosys 2
What is the different between withholding tax type and withholding tax code? IBM 3
What is USGAAP? ABB 5
I wish to know the total procudure tht we follow for suppot project. i.e how we get the tickets and how we will send back to the client and the tool we use . ? and whts mainlly difference between 4.7 eee and 6.0 ecc and wht does ecc mean.? IBM 3
If a transaction is posted and say our company bought the materials from a vendor. Does the vendor get credited or debited and does gr/ir get credited or debited in the accounts? please let me know im sorta confused with this   1
what is the use of special periods. can any body explain with examples i.e. by doc. posting with date and all header data please?   1
Hi, Im venkatesh. Can please tell me any one How to prepare PRODUCT COSTING for Interviews..Im getting confused,,kindly answer me   1
At what level we Integrate FI with MM and SD? TCS 2
What is the full cycle of both AP & AR?   6
 
For more FI CO Interview Questions Click Here 
 
 
 
 
 


   
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