Question { 7684 }

How is sub ledger linked to GL?

Answer

Through Reconciliation account you can link with GL

Question { 6490 }

1.How do we get the list of normal gl accounts,
reconciliation accounts and alternate reconciliation accounts?

Answer

Accounting - GL accounting - Information system - general ledger report(new) - master data - S_ALR_87012326- cahrt of account

Question { Satyam, 6114 }

in payment terms what is the use of day light?in fsg 1 feild
we can not control what is that feild.pls give the ans for
this 2 questions

Answer

It is not day light, think day limit.Day limit is use to calculate due date of that payment term. If you use day limit, and if your invoice date is before 15th of the month then payable on the last day of the next month, and if your invoice date is after 15th of the month then payable on the 15 of month after the next month.

Question { 5356 }

how to delte g/l if transaction are updated. :- hi expertise
how to delete the g/l a/c if the transaction are updated in.
whether any possibility to delete. let me know. thanks in
advance ganesh kumar.

Answer

If your GL account is updated by transaction and the balance is already in the GL account, to delete that GL account, first you have to reverse the transaction or transfer the balance of the GL account to another GL account and do the balance of the GL account to ZERO. Then only the GL account possible to delete.

Question { 5145 }

Period not open for a/c type S :- Guys, I have not been able
to fix this out. Please guide what procedure to be followed.
error: ''''Period 001/2011 is not open for account type S
and G/L 799999''''. I''ve checked OB52 screen but not very
sure what amendments to be done.

Answer

In OB52 put the account type "S" and open the period for the year and also open period for " + " to open period for all account type. Hopefully get solve.

Question { 5349 }

if i passed GL entry through FB50 the error is came (aact: 301 there is no item category assigned) how can i assigned.

Answer

For that issue you have to maintain Document Splitting for that company code if you use ECC 6 New gl function. To maintain document splitting
SPRO - Financial accounting (new)- General ledger accounting (new)- Business transaction - Document Splitting- Classify GL account from document splitting.

Question { 8308 }

how to enter the TDS amount deducted by customer.what customization is required please explained me

Answer

The calculation of TDS for customer same as calculation of TDS for Vendor. You need to assign TDS tax code to customer master data and at the time of posting customer invoice select business place in invoice. Then post invoice as usual.

Question { 5129 }

Waht is depreciation key, Deprecation area and assets class.

Answer

Depreciation Key: Depreciation is calculated using depreciation key. Depreciation key contain all the control information defined for the calculation of planned depreciation. Depreciation key are defined at chart of depreciation level.

Depreciation Area: The fixed assets are valued differently for different purpose. SAP manages these different valuation by means of depreciation area. it is a 2 digit code. the depreciation area contain the depreciation term which you have to assign into asset class or asset master data. Depreciation area decides hoe and for what purpose an asset will evaluated.

Asset Class: This define the types of assets(like Land, Machinery, building etc.). Asset class is linked between the asset master record and and relevant account in GL account.
The account determination in the gl account enable you to post transaction in relevant GL account.

Question { KPIT, 12784 }

I have Q in APP,

scenario: I have a situation where a vendor have two bank accounts. He preferred to make a payment of 1000Rs to one account and 1000 Rs to another account. So how can we configure in APP to make this payment for vendor?

Answer

Firstly if you have two different invoice in your situation then only its possible because no partial payment is allow for APP.
If you have two different invoice then follow the steps:

First you have to configure House bank for different bank accounting. In APP under bank determination you need to specify the details of bank accounts. Then in APP run under the step "Edit Proposal" you will get the invoice details to clear, there you select the invoice which you want to clear then double click on it - then click on reallocate - here you specify from which bank you want to clear account ID then save it. Then run the process as usual. after complete
the process check balance for both bank and vendor.

Question { Bosch, 8860 }

intervw question robert bosch
1)the end user worngly posted depreciation for 1 asset.how
to reverse and to is the process thanks in advance

Answer

You can do it through "Repeat Run" under depreciation run in AFAB if it is in the same posting period. In AFAB select "repeat Run" at the time of post depreciation to the system and select the asset for which you want to again post depreciation.

Question { Satyam, 5253 }

Tell me about complete manual Payment in sap fi/co ? Business
things ?

Answer

For Vendor Payment Go to F-53, in this screen you have to maintain document date, document type, company code, posting date, currency in header data. Next in bank data put bank account no, amount, value date etc then in open item selection
put vendor account no to whom you want to pay then click on open item process then select the invoice which you want to clear then Click on document menu - simulate to justify the transaction correct or not then save it.
then check the balance of vendor

Question { CA, 7121 }

About Complete Withholding Tax ? What is Client Requirement is
there ? Business Things ?

Answer

Complete business configuration process for Extended Withholding Tax:
1.Check withholding tax countries
2. Define official withholding tax code
3. Define business places
4. Maintain factory calender
5. Assign factory calenders to business place
6. Define Ex. Withholding tax types for invoice postings
7. Define EX withholding tax types for payment posting
8. Define Ex. Withholding tax codes
9. portray dependencies between tax types
10.Check recipient types
11.Maintain due dates
12. Assign Ex. Withholding tax types to Company code
13. Activate Ex. Withholding tax
14.Maintain surcharge calculation methods
15.Maintain surcharge Tax codes(separate tax codes)
16.Maintain surcharge rates(surcharge combined with basic WH tax codes)
17. Create a G/L a/C for Ex. Withholding tax
18. Define A/C for Ex. Withholding tax (OBWW)
19. Make changes in Vendor master (XK02)
20. Maintain Company Code Settings:
Path: IMG -> Logistic -> General -> Taxes on goods movement -> India -> Maintain
company code settings
21. Specify the document type
22. Maintain number groups
23. Maintain number ranges
24. Assign number ranges to number group
25.Maintain number groups and SAP script form(for TDS certificates)
26.Maintain number ranges
27.Maintain number ranges to number groups
28. postings (F-43)
29. Enter remittance challan
30. Enter bank challan
31. Printing of TDS certificates
32. Printing of annual return

Question { Accenture, 9230 }

Why you use Asset Class ?

Answer

An asset class is the link between the asset master record and the relevant GL account. Account determination in the asset class enable you to post to the relevant GL accont. Several asset class can use same account determination provided all these asset class use the same chart of account and post to the same GL account.

Question { 25421 }

I have create a company and Chart of account. I have also
assign chart of account with company code. After that I have
create G/L accounts Group with chart of account. When I am
creating G/L Account, I am facing a error " Account does not
exist in chart of account for specified co. code REMO." I
have create Accounts group 1 to 1000 for current assets but
I am facing this problem when i am creating account 1 for
bank. Please help me....

Answer

Hi Punit, Kindly check your account group no interval and what you are putting in GL creation, Suppose you have maintained no interval say 600000 - 700000 for an account group and in gl creation putting say 60000. Ok, kindly check it

Question { 7987 }

I want to know how can we pay one invoice payment of a vendor out of three invoice

Answer

If you want to pay that invoice through manual then go to F-53 and select the invoice which you want to pay and cleared it. But if you want to pay through APP then in APP process select "Edit Proposal" and in it you need to select which open item you want to clear then you select "reallocate" button to process that open item then rest of the process is same as usual.In both the way you can clear selected open item as per your requirement.