what is the journal entry for bank guarantee? And under
which account group(asset or liabilities)it will come and T
CODE for posting bank guarantee ? pls elaborate ........
Answer / Chetan Rawat
The journal entry for a bank guarantee consists of two parts: an asset account and a liability account. The asset account represents the amount paid by the creditor to secure the guarantee, while the liability account reflects the debtor's obligation to pay the creditor if certain conditions are met. The asset account is typically debited, and the liability account is credited.nIn SAP, you can use the following accounts:n- Asset Account: 4015 - Security Deposits (DR)n- Liability Account: 4020 - Loans Receivable (CR)nT CODE for posting bank guarantee in SAP is OB89 (Bank Guarantee Management).
| Is This Answer Correct ? | 0 Yes | 0 No |
I had posted a down payment to a vendor. In addition to that i had posted the invoice to the same vendor.When i run the F110 to make the payment, I want the functionality to adjust the down payment with the invoice & to pay the balance amount. I don't want to do the down payment clearing manually in F- 54. the down payment should be done in the F110 itslef. Is it possible?. If yes what is the configuration related to this.
What is the purpose of Activity Type?
Outline credit management in sap? : fi- accounts receivable
What is the importance of business area? Whether business area is used only reproting purpose or there other usage?
Can one chart of accounts be assigned to several company codes?
whatis mean by project charter
What is direct activity allocation? : co- cost center accounting
What is Document Split & how it is useful to us ?
When I enter the VAT registration number in OBY6 - company code global data, I get the following error. Entry of a VAT reg.no.is only possible for co. codes in EC countries Message no. FC199. My co.code country is RO - Romania. Where do I mention that co.code country is EC country ? Awaiting your early reply friends Regards, Janardhan
Explain managerial closing? : fi- general ledger
What is different between the SAP Version 4.7 and ECC 6?
There are result analysis categories in wip (work in process). What do you mean by the result analysis category reserves for unrealized costs?
SAP Basis (1262)
SAP ABAP (3939)
SAPScript (236)
SAP SD (Sales & Distribution) (2717)
SAP MM (Material Management) (916)
SAP QM (Quality Management) (99)
SAP PP (Production Planning) (523)
SAP PM (Plant Maintenance) (252)
SAP PS (Project Systems) (138)
SAP FI-CO (Financial Accounting & Controlling) (2766)
SAP HR (Human Resource Management) (1180)
SAP CRM (Customer Relationship Management) (432)
SAP SRM (Supplier Relationship Management) (132)
SAP APO (Advanced Planner Optimizer) (92)
SAP BW (Business Warehouse) (896)
SAP Business Workflow (72)
SAP Security (597)
SAP Interfaces (74)
SAP Netweaver (282)
SAP ALE IDocs (163)
SAP Business One (110)
SAP BO BOBJ (Business Objects) (388)
SAP CPS (Central Process Scheduling) (14)
SAP GTS (Global Trade Services) (21)
SAP Hybris (132)
SAP HANA (700)
SAP PI (Process Integration) (113)
SAP PO (Process Orchestration) (25)
SAP BI (Business Intelligence) (174)
SAP BPC (Business Planning and Consolidation) (38)
SAP BODS (Business Objects Data Services) (49)
SAP BODI (Business Objects Data Integrator) (26)
SAP Ariba (9)
SAP Fiori (45)
SAP EWM (Extended Warehouse Management) (58)
Sap R/3 (150)
SAP FSCM Financial Supply Chain Management (101)
SAP WM (Warehouse Management) (31)
SAP GRC (Governance Risk and Compliance) (64)
SAP MDM (Master Data Management) (0)
SAP MRS (Multi Resource Scheduling) (0)
SAP ESS MSS (Employee Manager Self Service) (13)
SAP CS (Customer Service) (0)
SAP TRM (Treasury and Risk Management) (0)
SAP Web Dynpro ABAP (198)
SAP IBP (Integrated Business Planning) (0)
SAP OO-ABAP (Object Oriented ABAP) (70)
SAP S/4 HANA Finance (Simple Finance) (143)
SAP FS-CD (Collections and Disbursements) (0)
SAP PLM (Product Lifecycle Management) (0)
SAP SuccessFactors (33)
SAP Vistex (0)
SAP ISR (IS Retail) (28)
SAP IdM (Identity Management) (0)
SAP IM (Investment Management) (0)
SAP UI5 (59)
SAP SCM (Supply Chain Management) (51)
SAP XI (Exchange Infrastructure) (49)
SAP Cloud Platform (34)
SAP Testing (89)
SAP SolMan (Solution Manager) (63)
SAP MaxDB (116)
SAP GUI (15)
SAP APO PPDS (49)
SAP AllOther (329)