Answer / prashant munjal

Sales process starts with pre-sales that is Inquiry --> Quotation-->Sales Order--> Shipping/Delivery-->Goods Issue/PGI-->Invoicing/Billing

Answer / deepak

Sales Cycle
1)Start with Inquiry from customer
2)Sending Quotation to customer
3)Raising Sales Order
4)Outbound Delivery
5)Picking
6)Post Goods Issue
7)Billing
8)Payment

In FICO interview this process is sufficient. Interviewer might interested in the accounting Entry

Entry for Goods Issue
Cost of Goods sale A/c Debit To Inventory A/c Credit

Entry for Billing
Customer A/c Debit to Revenue A/c Credit

Payment from customer
Bank A/c Debit to Bank A/c

Answer / prasad

sales order->production receipt->goods delivery->billing

explain automatic payment program? : fi- accounts payable

0 Answers  

---

What are all the standard reports in co? : co- cost center accounting

0 Answers  

---

Hi Can any one Forward to my mail ID nag.sai1983@gmail.com As to what is the procedure for accounting the Bad Debts A/C

2 Answers  

---

master data of fi -gl , fi-ap,fi-ar,fi-as

1 Answers   CIQ, IBM,

---

1.Can we activate or deactivate the open item management after the transactions are posted, if yes how..clearly explain 2. Can we activate line item management after posting...how? Thank you

2 Answers  

---

what is the difference between the hold documents and park documents

9 Answers  

---

What is difference between TAXINJ and TAXINN?

4 Answers  

---

How do u give Discount on sales? How to Display customer Balance. Is it fbl5n

3 Answers   IBM,

---

What is the number of configured currencies per company code?

0 Answers  

---

Can you attach a business area to a transaction?

0 Answers  

---

Explain ‘financial accounting (fi)’ in sap.

0 Answers  

---

What do you mean by net postings? : fi- general ledger accounting

0 Answers  

---