Can we create Sub Groups in FI/CO Under Current Assets like salary advance, Adv

Can we create Sub Groups in FI/CO Under Current Assets like
salary advance, Advances for purchase of materials for staff
if we can create how it is or is there other way to maintian
sub groups

Question Posted / subba reddy

2 Answers
7711 Views
I also Faced
E-Mail Answers

Answers were Sorted based on User's Feedback

Can we create Sub Groups in FI/CO Under Current Assets like salary advance, Advances for purchase o..

Answer / nagarjuna reddy

Hi
Adding to the above i can say that If we want to see the
item in the balance sheet we can go to Financial statement
version T.Code ob58, there we can describe regarding the
SALARY ADVANCE under current Assets.
In this we can maintain subgroups over here in FSV ob58.

Is This Answer Correct ?

3 Yes

0 No

Can we create Sub Groups in FI/CO Under Current Assets like salary advance, Advances for purchase o..

Answer / chandhu

Yes, We can create sub group under Current Assets.
1.First have to create Current assets at COA level.
2. Have to go FS00 & create sub groups under Current Assets

Is This Answer Correct ?

2 Yes

2 No

Post New Answer

More SAP FI-CO (Financial Accounting & Controlling) Interview Questions

What is business area?

0 Answers

Hi, can anybody tell me what are all the areas in CO we have to prepare like in FI-GL,AP,AR,AA. I am a starter in SAP, kindly help me. Rajendran

1 Answers

During Asset migration. Data migration team has upload one asset has 10 years useful life and acquisition value 10.000 usd. asset has already use for 4 years so net book value should be 6000 usd. asset has already uploaded. the problem was asset should be used in 3 year. how to correct asset that has already upload in 4 years and the user want to correct it from 4 years to 3 years. how to correct the net book value from 6000 to 7000?

2 Answers Deloitte,

I have two companies and each one company having 3 company codes,having each one group chart of account. How can i assing these group chart of accounts and transactional chart of account to all company codes.

6 Answers

What are closing operations? How we have done closing operations

1 Answers

What is chart of depreciation ? : fi- asset accounting

0 Answers

What are the benefits of a data quality solution?

0 Answers

In-house Cash functionality allows â€œConsolidate the request and make payment on behalf of subsidiaries. â€œ Can some one help me understand how this is different from Sending Company code and Paying company code concept?

1 Answers

How data flows through mm into fi? : co-pa

0 Answers

How do you configure the assignment of variances from product costing to copa module?

0 Answers

what is the accounting journal for subcontractor during goods received

1 Answers Deloitte,

How do you maintain the number range in production environment? Do you directly create it in the production box or do you do it by means of transport?

0 Answers

For more SAP FI-CO (Financial Accounting & Controlling) Interview Questions Click Here