Question { 47555 }

What is open line item management? What do you mean by
clearing open line items?

Answer

Some times dues items not received fully. The company may
receive the amount partly. In this case we have entered the
amounts are partial amounts. In such case both due item and
payment item is shown as open item.

As and when the full amount is received against a
particular invoice we have to clear the line items to make
them as cleared items.

Question { Abacus, 9280 }

Anybody please define Asset Accounting? significance and
procedures.

Answer

Asset Accounting is different Methods
1)baseline
2)decline
3)Multi-level
a)Straight line method b)written down method
4)period controlling

creating chart of dep (EC08)
assign chart of dep to co code (OAOB)
specify a/c determination
create screen layout rule
define no. range intervals (AS08)
define asset classes (OAOA)
determined dep areas in asset class (OAYZ)
create GL a/cs
assign GL a/c (AO90)
specify doc type for posting of dep (OAB3)
Specify intervals and Posting rules (OAEA)
specify rounding of net book value and dep (OAYO)
screen layout for asset master data (OA77)
screen layout for asset dep area (AO21)

Baseline and Decline methods are default

define multilevel method (AFAMS)
define period control method (AFAMP)
maintain depreciation key (AFAMA)
create main asset (AS01)
create sub assets (AS11)
Run depreciation (AFAB)
posting of main assets purchase (F-90)
Posting of main assets sale (F-92)
re-calculation dep (AFAR)
Scraping of asset (ABAV1N)
see sub assets (AW01N)

an above any mistake please send correct information.

Question { Voltas, 8175 }

What is implementation and configuration ?

Answer

Implementation means it is initial stage of any project.
project preparation
business blue print

Configuration means after project preparation we
create(configuration),modify client requirement base.

please infom me if i am wrong.