Answer Posted / misbah mohiuddin

hi,

first bussiness process for payment:
Invoice posting:
1. Expense a/c debit
vendor a/c credit
2.Automatic payment:
vendor a/c debit
Bank clearing account credit
3 once the amount has been cleared from original bank
account
Bank clearing account debit
Original bank account credit.
Other business process is:

Invoice generation through Sales Order:
1. Create sales order transaction code VA01
2. create Billing through VF01
3. View billing through SP01

Thank you,
Misbah Mohiuddin

What is account based profitability analysis? : cost center accounting

1164

---

How do you create gl account master data? : fi- general ledger

1234

---

How do you assign a fiscal year variant to a company code?

1215

---

What is a house bank? : fi- accounts receivable

1110

---

What is the co reconciliation ledger and when would you typically use it?

1140

---

what is the difference between in Goods Receipt Notes& Material receipt notes

2406

---

What is the use of financial statement version in sap?

1165

---

While posting transaction, can we give cost centre / production order at time?

1097

---

What is open line item management? What is meant by clearing open line items?

1111

---

How are exchange rates maintained in sap?

1185

---

what is the need for balance interest calculation maintenance of setting in case a financial decides on interest rates and loan repayment due dates etc all other issues and we only need to pay the intrest amount ?

2126

---

Describe the reconciliation ledger? : co- cost center accounting

1052

---

What is the land scape in sap?

1172

---

What is Boolean logic? : co- cost center accounting

1226

---

Differentiate between real and statistical postings in co? : co- general controlling

1140

---