In GL Master Record creation (FS00) for what type of accounts
do we need to select "Open Item Management" in the control
data field? Why ? Explain the concept

Answer Posted / u.y.s

This will be used for vendor / customer and Blancesheet
items where clearing is required. never select P&L accounts
this option

Is This Answer Correct ?    8 Yes 4 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Why doesn’t the system allow you to change the tax category in a version? : fi- general ledger

596


1. For a client creation of many group under one General Ledger

1609


How many chart accounts can be assinged to a company?

590


What is a ZM entry, is it recorded in the general ledger, and what does it do?

2062


Tell me more about a shortened fiscal year.

612






What is the maximum number of posting periods in sap? : cost center accounting

689


Where does TDS codes maintain and which fields are updated for TDS calculation for invoice/Advance

2071


For a company code how many currencies can be configured?

636


What is recurring entries and why are they used?

655


What is a parallel currency?

646


what are prerequiations when asset master data uploaded in legacy system?

1005


Explain financial closing? : fi- general ledger master data

697


How is it possible to apply 2 different overhead rates for 2 different finished goods?

657


HOW TO ACTIVATE SEGMENT FILED IN ASSET ACCOUNTING ALSO CAN WE GET SEGMENT WISE FINANCIAL STATEMENTS IF YES THEN WHY WE ARE SPECIFYING BUSINESS AREA WISE FIN. STATEMENTS IN GLOBAL PARAMETERS (OBY6)

2323


How you can import electronic bank statements into sap?

598