Answer Posted / pavan kumar
p2p cycle deals with the entire set of activities carried out by an org to purchase the required resources and dis charge of liability by payment to vendors
o2c cycle deals with the entire set of activities carried out by an org to sell it's products to it's customers and realization of cash.
| Is This Answer Correct ? | 11 Yes | 0 No |
Post New Answer View All Answers
In customizing "company code productive" means what? What does it denote?
Explain complex assets and asset sub numbers? : fi- asset accounting
In gl master, we have a option “balance in local currency” and “account currency”. What does it mean?
Differentiate between account assignment model, recurring entries, and sample document. : fi- general ledger accounting
how to control transport cost with sale invoices :- I want to know how to map tranport cost with respective sale invoices. This help us to avoid duplicate transport payment. As in PO freight condition is maintained ,is there is anyway to link or map transport cost with sale invoices
What is a purchase order (po)? : fi- accounts payable
In accounts receivable, what is the difference between the 'residual payment' and 'part payment' methods of allocating cash?
What are fiscal year variants and how are fiscal periods opened and closed?
What is a controlling area? How is it related to a company code? : co- general controlling
what is validation &substution
How can you manually clear open items? When? : fi- general ledger accounting
what are prerequiations when asset master data uploaded in legacy system?
iam done billing document in sales order is not cost object the billing entry is not genearated the error is foreign trade data missing
Describe the dunning process? : fi- accounts receivable
Explain the relationship between company code and controlling area?
