annapoorna


{ City }
< Country > india
* Profession *
User No # 12908
Total Questions Posted # 1
Total Answers Posted # 2

Total Answers Posted for My Questions # 3
Total Views for My Questions # 11422

Users Marked my Answers as Correct # 8
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Questions / { annapoorna }
Questions Answers Category Views Company eMail

I just created a company,completed all basic details i.e., creation of company, co.code, coa, stv, ppv, tol, a/c groups then opened F-02 to post one posting BUT it's showing an Error as Message No.: FF703 " Company code not assigned to country or country to calculation procedure" and unable to proceed further. The Msg: Company code not assigned to country or country to calculation procedure Message no. FF703 Diagnosis An error occurred when checking the tax code. Either the assignment of company code and country or of country and calculation procedure is not correct. Procedure Check the system settings. To do this, choose Maintain entries (F5). If the program error occurred In a standard SAP program, then create an OSS message In a program you wrote yourself, then correct the program. Please help me out.How to tackle this situation.Thanks

 3 SAP FI-CO (Financial Accounting & Controlling) 11422



Answers / { annapoorna }

Question { 7571 }

Hi
Is it that Dunning is Created at COA level or Company code
Level.


Answer

SAP Easy Access ->Accounting -> Financial Accounting ->
Accounts Receivable/Accounts Payable -> Periodic processing
-> Dunning. ( T Code F150)

Dunning is Created at Company code Level.

Is This Answer Correct ?    3 Yes 0 No

Question { Keane India Ltd, 21444 }

In G/l account if we select local currency what will happen?


Answer

Local currency in G/L is taken for balancing point.Setting
local currency indicator in GL master account affects the
way A/c Balances are stored in GL summary. If this
indicator is set, the GL balances are updated only in local
currency.

Foreign Currency valuation of GL accounts where the
indicator "only balance in local crcy" is set is affected
in the following manner depending upon the type of account

* If the account for which only balance in local currency
is set, is an open item managed account, i.e: the
indicator "Open Item Management" is also set in the GL
account master.

* If the account for which only balance in local currency
is set, is a non-open item managed account, i.e: the
indicator "Open Item Management" is also not set in the GL
account master.

Is This Answer Correct ?    5 Yes 1 No