which option is best in between Business Area or Profit
center for generating balance sheet & P/L a/c while using
ECC 6.
Answer Posted / bnvdiwakar
if company has taken all type transation like purchages ,
sales , tax, prodution , rents , expences, salaries and
wages, marketing , packing, distebution and more .this type
transations is taken to the trading and profit&loss account
after that when the closeing year profit or loss show in
this statement,after that this statement is converted to the
balance sheet . This called a profit center account.
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
Why it is necessary to block an asset master record? : fi- asset accounting
What is the use of financial statement version in sap?
Differentiate free offsetting entry from a statistical posting? : fi- accounts payable
Explain an account group. What does it control?
can we create house for multiple company codes?is it possible to pay cross company code payments? if why please give me answer. thanks for advance
How do we create tasks? What is the difference between task and change request?
Highlight the importance of goods/ invoice received clearing account?
Describe the reconciliation ledger? : co- cost center accounting
What is the year specific fiscal year variant?
i need a real time fico tutor in hyderabad location
HELLO, I have a doubt in FI Asset Accounting. On 01.04.2010 I capitalized the asset (Furniture & Fixture) and purchase on 01.04.2010 (Document date & Posting Date) worth Rs.10000/- (ASSET Acquisition Value) , I charged depreciation 10% up to 6 months with WDV method. After 6 month the value of asset is Rs.9500/-. Now I want to sell the asset of Rs.9000. When I done the same instead of showing the loss on sale of asset of Rs.500/-, its showing Rs. 1000/- on loss on sell of asset. WHY SO…… PLEASE SUGGEST I AM CONFUSED, IS THERE SOMETHING MISSING IN CLIEN 800? OR IT MY MISTAKE IN G/L ASSIGNING IN T.CODE: AO90
How are vendor invoice payments made?
What is year dependent fiscal year variant?
Suppose we have created a PO with qty 100 Ton and we have done MIGO with qty 99 Ton and after that we have MIRO 100 Ton. Interviewer asked me how can we load the difference qty balance of migo and miro (100-99=1ton) on material? please help regards sandeep.
What are the different line item reports? : cost center accounting