Answer / smv

General Ledger help to prepare Financial statements and Sub ledgers help to know Vendors Information (AP), Customers Information (AR) , Assets information (AA) in SAP.

Reconciliation Accounts help to integrate GL and Sub Ledger

Answer / chandrababu

General ledger nothing but main ledger to post the business transactions in direct. In sub ledger not possible to the direct posting to create one reconciliation account use to post the business transactions vendor accounts(ap),customer accounts(ar),asset accounting.

what is the mean of group of accounts and examples

8 Answers   IBM,

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My company code is AN3 vendor and customer are same i purchased from a party(vendor) on 01.04.2008 for 4,00,000/- payment terms with in 10days 10%, with in 20days 5%. i sold to the same party(customer) on 08.04.2008 for 3,00,000/- payment terms with in 10days 10%, with in 20days 5%. Balance of payment Date 14.04.2008 in this date vendor has 5% discount (20,000/-). Net vendor amount is 4,00,000-20,000 = 3,80,000/- customer has 10% discount (30,000/-). Net customer amount is 3,00,000-30,000 = 2,70,000/- Net paymet is 3,80,000-2,70,000 = 1,10,000/- In above situation i run the APP, But i got error massege is comming that is "your company conde AN3/AN3 not in proposal" at the time of "Edit payment proposal" Please clear this problem, is it possible in app or not? If it is possible where i configure?

2 Answers  

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1.How do we get the list of normal gl accounts, reconciliation accounts and alternate reconciliation accounts?

1 Answers  

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What do you mean by report painter? And what is the use of it.?

2 Answers   Wipro,

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HOW DO MAINTAIN ASSET UNDER CONSTRACTION? PLEASE EXPLAINE ME WITH TRANSACTION CODES

3 Answers  

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You are entered a credit memo posting to vendor who is linked to a customer on 1st of May 2003 for your company code but you have not specifically entered the same data in customer till now. You have lots of entries appearing in the vendor and customer account prior to that date of May 2003 also. You are making a manual payment to the vendor ? select out of the following which statements are correct. a. Credit memo document will get the special payment term as per vendor master definition. b. Customer items will not be shown while paying the vendor as customer is not linked. c. Customer items will be shown only postings after the date 1st May 2003. d. All items of customer and vendor will be available for payment provided payment is same from 1st May 2003. e. All items of customer and vendor will be available for payment provided Special GL items are also selected in selection screen irrespective of the activation date.

0 Answers  

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What do you mean by Procurement to Cash & Order to Cash?

2 Answers   Accenture, Wipro,

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What is the cycle of automatic payment program?

2 Answers  

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Explain cost center accounting? : co- general controlling

0 Answers  

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1. can we do APP run for more than 5 co., codes? 2. what are the various issues raise at the time of APP run?

1 Answers   Keane India Ltd,

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What is document type, and what does it control? Give an example.

0 Answers  

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What is a document header? : fi- general ledger accounting

0 Answers  

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