May i know the exact difference between Sub Ledger and General Ledger
- 1 Answers
- 5499 Views
- I also Faced
- E-Mail Answers
Answer Posted / amit
Its very simple,Sub ledger is Account receivable,Account payable and your Asset.In short we can it is our customer and vendor account book.Whenever any posting is done to company code with respect to your customer/vendor sub ledgers are updated, but still final consolidated data is not transferred to General ledger.We can transferred this consolidate data to General ledger at the time of month end closing which finally reflect at balance shit.
| Is This Answer Correct ? | 7 Yes | 3 No |
Post New Answer View All Answers
What is the land scape in sap?
How does validation differ from substitution? : co- cost center accounting
What do you mean by chart of accounts? What is it used for? What are its important elements? How many chart accounts can be assinged to a company?
What are the necessities of a dialog program must complete?
What type of steps comes from Product Costing to CO-PA ?
Hi What is a STAGING CLIENT in our Land scape? a bit of confusion in this
Can we change price control from S to V in mid of the year, If we can change what is the process steps we will follow from CO end?
what is sub contract ?
what is the role of Functional Consultant in end to end implementation?
What are the common document types in fi?
How do you calculate accrued costs? : co- cost center accounting
What is Difference between Cost center and Profit center. Can any one explain me?
What is payment advice? : fi- accounts receivable
What is known as an exchange rate spread?
Will first logic’s global data quality connector for sap manage my international data?
