Question { 14409 }

How do you control Document line item fields?

Answer

Can anybody please elaborate this question whether these
two answers are correct??

Question { 19698 }

What is reversal posting?

Answer

When you want to change the entries from debit to credit
and vise versa... use this option for reverse.... before
reversing the document the system asks u the reason it also
has to define. when u reverse the document the document
automatically takes the new document no for the reverse doc.

Thanks & regards.
Majid Khan Md.

Question { Infosys, 90893 }

What is dunning? What is dunning level..? How many dunning
levels can be configured?

Answer

Dunning is a remainding letter that sending to a customer
or vendor to pay the balance or debt amount we have maximum
9dunning level. we can charge, & calculate the interest on
the dunning notice.

Question { Techno Solutions, 26300 }

What is asset master?

Answer

purushottam all these are not mandatory.... to crete the
asset master.

Question { TCS, 15038 }

what data is required for automatic a/c determination for
tax amounts?

Answer

we have transaction keys MWS,VST for output tax and input
tax when you are posting tax transaction we need to assign
the automatic account(tax liability account). if u use out
put tax use MWS transactiod key and give the tax lia a.c
this is called as automatic accoutn determincation for tax
amounts. like same for input tax..

If iam wrong please let me know..

Question { Satyam, 32115 }

List the Basic 24 Steps for FI configuration.

Answer

1. define company (ox15)
2. define company code (ox02)
3. define business area (ox03)
4. define funtional area
5. assign company code to company (ox16)
6. define fiscal year variant (ob29)
7. assign fiscal year to company code (ob37)
8. define posting period variant (obbo)
9. define opening & closing posting period variant (ob52)
10. assign company code to posting perid variant (obbp)
11. define chart of accounts (ob13)
12. assign company code to chart of account (ob62)
13. define account group (obd4)
14. define retained earnings account (ob53)
15. define document types (oba7)
16. create number ranges (xdn1)
17. define posting keys (ob41)
18. define field status variant (obc4)
19. assign field status veriant to comapny code (obc5)
20. define tax procedure (obq3)
21. assign tax procedure to company code (obbg)
22. define tolerance group for g/l accounts (oba0)
23. define tolerance group for employees (oba4)
24. define global parameters (oby6)

Question { Accenture, 33595 }

how many profit centers can be assigned in a cost center?

Answer

Hi nagaraj can you please go to t.code ks01 is to create
cost center where u need to assing the profit center.. so
for every cost center we can give one profit center. You
can use any profit ceter for a cost center but can assign
onle one profit center for each cost center.

If iam wrong please let me know.
Majid khan Md.

Question { 38074 }

What are the tables will deal a sap fico consultant?

Answer

can anybody tell for what purpose we are using these tables
with example please

Question { 33514 }

what is the difference between the hold documents and park
documents

Answer

Sudha and pooja gupta are right b coz when u hold the
document it stores only in the system for temporarily not
effect on sap. for parking documents we can change the
amount later after saving.

Question { Genpact, 12091 }

IN GL, AR & AP WHICH FIELDS WE WILL BE CONTROLED AT THE
TIME OF DOCUMENT POSTING BY USING FELD STATUS GROUP ?

Answer

for g/l business area,text,cost center & profit center.
for AR & AP Business area, text, nd might be some other
fields controlled by the field status group...
plz let me know if i wrong...

Thanks & regards,
Majid Khan Md.

Question { Intel, 10147 }

What si the difference between Field status Varient and
Field status Group

Answer

Field status group is controls the apperance of your screen
when you are posting a document. Collection of field status
groups is field status variant.

Question { 8161 }

1 question plz it is a bit urgent.
When we are posting a transaction with service tax(say
12.5%)ok,
Now say the total amount is rs.100,000 now my question is
Here we have given 12.5% tax.Do we have to calculate
Seperatelly the tax amount(100,000*12.5%) or it will
Calculate on it's own.
If so what is the procedure to make it calculate it
Automatically.
Plz reply soon

Answer

Hi everybody i too have a doubt in sales tax can u plz help
me out from this problem..
Hi i was having the problem in Sales tax iam sending all
the details which i follow so plz check it n let me know
where i do the mistake always....

1.Define Tax Procedure (obq3)
2.Assign tax procedure to the country (obbg)
3.Define tax order for sales (ftxp)
4.Create sales tax liability account (fs00)
5.Define tax accounts (ob40)
(code linking to sales tax A/c)Here iam assigning the tax
liability account
6.Assignment of tax code in the customer master (xd02)
7.Assignment of tax code in the sales master (fs00)
8.Posting of outgoing invoice (f-22)
(3 line items will displayed)

the entry like :
01 customer debit 100000
to sales 95,238.09
to sales tax (liability) 4,761.91
But i gave the 5% tax code it means instead of taking 5%
its taking 4.76 % can you plz explain it....

Question { 4532 }

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

Answer

Hey i too want to know plz anyone answer this....

Thanks & regards,
MMK.