Answer / chandrabhanpatil

Hello,
RR is run as we want to know the correct picture of our
Profit and loss account for a particular period.In SAP we
run RR on datewise or periodwise as well as on accrual
basis.Because to make a complete shipment it takes 2-3
months. If we not recofnize the revenue our P & L shows
negative balance as we are incurring continue expenses
means daily running charges.To mainatin the uniformity in
Revenue recogniztion we run RR.
- Chandrabhanpatil

HI FRIENDS CAN ANY BODY PASS THIS JOURNAL ENTRY: LOSS OF STOCK PLS PASS THIS JOURNAL ENTRY FRIENDS?

5 Answers  

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