3) what is the use of Trading Partner in GL account ?

Answer Posted / jabez

It is used for consolidation. Each of your transaction that
you do with your partner/sister/holding company needs to
have a trading partner. Hence, if you have a specific G/L
account that you solely use when you transact with a
particular company within your group, this will default
your transactions to that company.

Is This Answer Correct ?    1 Yes 1 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What are the components in financial statement version? : cost center accounting

639


1. how can see that how much the vendor is owed 2.how do u reverse a MIRO invoice 3. how do u pay vendor in foreign currency

1887


What is the company code in sap?

631


What is the meaning of ADHOC P.O's Do we create Adhoc P.O's to our regular Vendors.What are the Tax aspects in this Issue.

4670


What is a account group and where is it used?

622






what do you mean by the tolerance group?

595


What is a special period? When do you use it?

610


what are the functional specification in AP, APP ?

2038


Define depreciation areas? : fi- asset accounting

629


We are are looking to take the IS-Utility payment from the third party software where one API will be called with the variable input parameter (Business Partner/ Amount/ Bill reference number and so on..). and we are trying to post the payment in transaction FPCD cask desk for which we have searched several Functional Module but it do not worked and with BDC recording the transaction we are not able to save. kindly suggest any other payment method and Function Module, to figure out this solution.

1543


What is a release order? : fi- accounts payable

711


What is Difference between Cost center and Profit center. Can any one explain me?

692


Hi I'm looking for two SAP Project Manager (one specialized in MM/PP, one in FI) for Automotive, based in Compiègne (Oise, France). Should somebody give me an idea to find these persons ? thanks a lot !

1485


Explain about sap fico?

589


Hai i completed MBA finance and done SAP FICO than i want start my carrer with sap fico entry level .Is there any openings such jobs .suggest me any one plz................

1518