What are the components of Set of Books?
- 1 Answers
- 4659 Views
- Logica CMG, I also Faced
- E-Mail Answers
Answer Posted / mstapps
Components are 3c's and 6 mondatory accounts and futur periods
three c are
1. Chart of accounts
2. Currency
3. calendar
Mondatory accounts are
1. Retained earning
2. Translated adjustment account
3. Net income
4. Suspence account
5. Rounding difference account
6. Reserve for Encombrance
and Future period
this are the coponents for SOB
| Is This Answer Correct ? | 10 Yes | 0 No |
Post New Answer View All Answers
I have created an invoice and made the payment in Accounts payable. Now the payment status is Negotiable and accounting status is processed. I reconciled the transaction in Cash Mgmt, The status changed from negotiable to Reconciled in CM. I checked the payment status for the invoice in payment window(AP), the payment status changed to RECONCILED UNACCOUNTED i.e correct but the accounting status is remain processed which is not the correct. I hope the transaction will be correct if the accounting status would have changed to PERTIAL . Please suggest any solution for the above query.
Re: what are the Issue that we face in Gl,PO and AP while Supporting
In Subinventories Form, how to enable the Locator Control. A message displayed when changing the drop down list "FRM-40200: Field is protected against update.
can any one tell me what exactly functional consultant do on daily basis? client requirements?
What is Reporting of financial data in a project.
can we define 2 different currency revaluation at a time??
How do write a discoverer report to identify zero dollar suppliers/invoices where the supplier is on hold?
What are the inventory report to check inventory status.
what is the difference between before pages trigger and after parameter trigger in reports ?
What is the meaning holding tax?
What is difference between primary and secondary ledger
How to do the analysis of discounts lost and fixing the root cause?
Invoice Approval Process?
Give examples & explain the below mentioned activity. "Analyzing the documents provided by the client and thereby identifying the test cases to be tested for the application assigned (FA, AP and GL)"
What is the procedure for requition import?
