Answer Posted / syed gouhr ali
All,
It would certainly depend upon the scenario. In the above
answer, a company can not have further companies under it,
it would rather be a client ABC, having several company
codes. One customer (or vendor) can have business with more
than one company codes of a client. Therefore, it will have
seperate recon acocunts in each company code.
If you ask if a customer (or vendor) can have more than one
recon accounts in one company code, i would say: no.
The reason being that recon accounts are considered to be
the father and various customers (or vendors) are its
children. All the children report to the father
individually and the father represent all of them. If there
are two fathers in one house, it would be difficult to
decide who reports to which father.
I hope the example is suitable.
Correct me if I am conceptually wrong.
Syed Gouhr Ali.
Is This Answer Correct ? | 17 Yes | 1 No |
Post New Answer View All Answers
What is asset accounting (fi-aa)? : fi- asset accounting
Explain dummy cost center
Explain the vendor master record and list various segments in them.
We have two diffferent bank accounts in our System that is icici bank & citi bank but the vendor wants us to pay him 100000 from two different accounts that is from axis bank and union bank so how we should configure in our sap system so that we can pay to vendor through App.
Explain about fi organizational structure?
What are the different types of data in sap system? : cost center accounting
Tell me the SO (sales Order) to Collection in sap with Accounting Effect.
Explain asset retirement in fi-aa? : fi- asset accounting
Is it possible to create an asset class automatically? : fi- asset accounting
How many retained earnings a/c can be defined?
Is it possible to print the financial statement version on a sapscript form?
what is the customization to be done when we save the purchase order sys should pass the mail to manager purchases for approval or release
How does the system calculate the activity price? : co- cost center accounting
What do you mean by chart of accounts? What is it used for? What are its important elements?
The function code at presently active is determined by what variable?