Please explain subcontracting accounting entries in SAP
with realtime example and amount.
- 1 Answers
- 12275 Views
- IBM, I also Faced
- E-Mail Answers
Answer Posted / sreenivasa chary
raw materisl consuption ac - DR
Raw material A/c - Cr
semi finished a/c dr
inv change s/c - cr
External service A/c dr
GR/IR AC cr
During invoice
GR/IR Account - Dr
Vendor a/c - cr
| Is This Answer Correct ? | 5 Yes | 2 No |
Post New Answer View All Answers
Explain dual aspect term in accounting?
Define and distinguish between flexible and floating exchange rate system. What kind of exchange rate system does china have?
Which steps in Procurement to Pay process does FI documents get created.
What is an adjusting journal entry?
Explain how you can adjust entries into account?
What does the abbreviation m mean in accounting?
I am a Leaving Cert Student. From Solutions to exam questions etc. I know what to do with the following adjustment but I cannot explain why. A thypical Adjustment is: A building is acquired for €60000 plus VAT at 10%. The amount paid to the Vendor was entered in the Buildings Account. No entry made in the VAT account. Could you explain why the VAT amount is deducted from the VAT amount in the TB? And why it is sometimes an Asset in the BS. Thank you, Mary
What is mutual fund sub accounting?
Explain me fair value accounting?
what is subscription order
why accounting is important in business?
What is the use of form D in sale tax
What is the meaning of scrap value in accounting?
What will be the journal entry of purchase and sale for ac purchased for 40000 vat 5% sold for 45000 vat5%
Hi All, Can any body Explain the End to End Flow of Product Costing in SAP with Integration Point and Journal Entries Involved in the Flow ?
