In GL Master Record creation (FS00) for what type of accounts
do we need to select "Open Item Management" in the control
data field? Why ? Explain the concept
Answers were Sorted based on User's Feedback
Answer / sridhar
for all clearing GL's we will check the open item management option, like for ex: GR/IR clearing.
|Is This Answer Correct ?||17 Yes||0 No|
Answer / satya
ALL CLEARING ACCOUNTS
|Is This Answer Correct ?||7 Yes||0 No|
Answer / raghu
If you click this inbox, that means one more entry has to
posted to get knocked off this entry
|Is This Answer Correct ?||3 Yes||0 No|
Answer / ranjith8055
FOR Vendor transactions,Customer transactions, TDS transactions, bill discounted, and provisions for out standing exp we select open item management option.
open item means pending transactions in SAP.by selecting open item management option in control data tab in master record(fs00) it will show the open item until the corresponding payment/receipt posted or until clear
|Is This Answer Correct ?||2 Yes||0 No|
Answer / ramanagottipati
'Open Item Management' check box is ment for any account
which needs to get cleared. But this is not needed for the
Vendors, Customer or Assets items as they are already Sub
Ledgers and the data of them is already saved seperately
and are not again maintained at GL level. To say in short,
the system will not even allow you to Check this box it the
account is a Reconciliation account(GL account for Vendors,
Customers or Assets).
The Open Item Managed account will have Both the Debit and
Credit transactions to be Knocked off and to be sent to
|Is This Answer Correct ?||1 Yes||0 No|
Answer / sridhar
Open item Management is used for Accounts which need to be
cleared with in the financial year. And all clearing
accounts come under Profit and loss Statement.
So, Open item Mgmt is selected for P&L Accounts.
Hope this helps.
|Is This Answer Correct ?||1 Yes||7 No|
Answer / kashif
In GL Master Record, we "check", open item management for
|Is This Answer Correct ?||2 Yes||22 No|
I want to know how can we pay one invoice payment of a vendor out of three invoice
What are the interaction with abaper in project especially for screens, conditions and cutover plan?
Hello all, I'm working as an end user (AP&AR)from past 30 months, suggest me what to do to enter in to the core consultant position. Recently I have learned SAP FI module. How to approch the companies? Please suggest. Thankyou, Prashanth 9866654565
Any can Explain about GL TO BE PROCESS IN SAP FI ? PLEASE RESPOND ASAP.
how i clear GR/IR clearing A/c at month end. plz quick
1.Payment advise form name in Asset Accounting 2.Extending GL accounts in Company Code(FS00) 3.Need of Posting date in APP 4.Declining Method in Asset Accounting 5.Importing GL accounts with same GL account numbers. 6.In app we have two different Company Code with different Currencies. How will you run 2 APP 7. Hard Currency
About Asset Master Data 'Expired Useful Life', anyone can tell me why the Expired Useful Life of an asset did no updated automatic monthly after few months depreciation posted (etc. Apr, May, Jun)? and it stopped at the end of company calendar year (etc. March - Period 12). The legacy data has been migrated into SAP and it's capitalized more than 1 calendar year. Thanks.
How can I copy the G/L accounts from one company code plz? 1) Within the same client 2) Without the same client Plz tell me step by step, if possible?
hi everybody How to transfer the amounts from one profit center to another profit center document wise . Through 9ke0 we can do line item wise but i want to transfer the amount particular document wise. syam
What is house bank, bank key?
We have two diffferent bank accounts in our System that is icici bank & citi bank but the vendor wants us to pay him 100000 from two different accounts that is from axis bank and union bank so how we should configure in our sap system so that we can pay to vendor through App.
What is the ESI sheet?and its role in real time