Answer Posted / shyam
Asset class is used for two purpose
1.Screen layout: which determine our input field in asset master.
2.Account Determination: GL account determination.
| Is This Answer Correct ? | 1 Yes | 0 No |
Post New Answer View All Answers
What do you mean by period based accounting (gl based) and cost of sales accounting (copa based)? Period based accounting? : co-pa
What is Trading partner? why we use this, usually which will come whenever we configure vendor/customer/posting of any invoice etc.
What do you mean by chart of accounts? What is it used for? What are its important elements?
Hello every, I have my MBA in finance in 2011 I was working for NBFC. Now I am decided to join in sap fico course. But the fact is I forgot all accounting knowledge. Zero accounts knowledge. How may eligible for sap fico course, is there any problems to face during course regarding accounts etc. What are the problems basically peoples like me face in fico course and after getting a job.
in which server did number ranges of CO mainly created? is it in development server or in production server? Plz. give the reason.
Describe a purchase cycle? : fi- accounts payable
Explain production set-up in fi-aa? : fi- asset accounting
What is a lean implementation in fi-aa? : fi- asset accounting
How do you create new status groups for capital spending accounts and revenue accounts? What are the steps and the T codes used?
What is the report painter?
What exactly posting key is in fico and what is its significance?
What is an activity price calculation? : co- cost center accounting
i need a real time fico tutor in hyderabad location
Can you have multiple retained earnings a/c?
Is periodic reposting different from reposting? : co- cost center accounting