Question { 53006 }

Tell me about FI Organizational structure?

Answer

Company - In SAP FICO paralance, a company is a legally independent entity, which comprises of one or more company codes.

Company Code - The company code represents a legal view of the company. This may be on the basis of geography viz. national or international. Fiscal year, taxation requirements and currency all determine the company code.

Business Area - Business area forms an important part of external reporting. Analysis of various segments, product divisions, regions etc is possible using business areas.

Functional Area - Functional area shows profit / loss calculations depending upon the cost of sales accounting. Using different functional area, management can know business expenses by functional areas and where company costs were incurred.

Profit Center - The profit center view shows the various internal areas of responsibilities. Objects such as cost centers, materials, etc can be used for profit center analysis. Profit center can be used to determine the revenues, costs, and profitability for specfic areas of responsibility.

Question { 6980 }

can we post input taxes during the making of down payment
to vendors ex: down payment to vendor is 100000 on this the
input tax is 10000 so we have to pay only 90000 for
calculating like this what procdure we have to do kindly
explain any one

Answer

Party Account Spl Gl Account (A) A/c Dr 1,00,000

To TDS 10,000

To Bank 90,000

Question { TCS, 11371 }

how to calculate interest for multiple loans in sap. with
multiple loans a/c and multiple interest paid a/c.

Ex: If I had suppose 3 term loans from ICICI Bank, HDFC
Bank, Axis Bank. I will create three GL a/cs and I wanted
to create separate Interest paid for each of the loan like
Interest paid on ICICI bank etc.. but how to calculate this
interest and how to assign for automatic postings in OBV2.

Answer

if you have more than one loan account i.e, ICICI bank, HDFC Bank, Axis Bank then in OBV2 for the account symbol 2000 (GL Paid account) we have to assign GL account as ++++++++++ (10 times +).
In the month end when we calculate the interest for the respective loan account number, the ++++++++++ will be replaced by the corresponding loan account number.

eg : Account Symbol Currency GL Account
0002 INR ++++++++++
2000 INR ++++++++++