why we need reconciliation account in SAP for AP and AR
plz give em answer in details
Answer Posted / p.santhosh
As simple as that is for Ap team dont have access for Ar
team and Ar team dont have access for Ap Team.So we need
reconciliation(interem) account to pass the corresponding
leg entry by each team.
| Is This Answer Correct ? | 1 Yes | 7 No |
Post New Answer View All Answers
What is the Pre-mapping and Matching?
What is a posting key and what does it control in sap ?
What are the segments of the customer master record? : cost center accounting
How the system identifies a ‘posting period’?
SAP DEPRECIATION RUN ERROR: I have a problem with depreciation posting. I have searched the forum but did not find any answer. Net book value of $ 559,350 as on April 2012 was fully depreciated by 31 Mar 2017. Additions between April 2012 and March 2017 were correctly depreciated. However, additions from 01 Apr 2017 were fully depreciated when depreciation program was executed. For example, asset acquisition on 01 May 2017 $ 2400 was fully depreciated ($ 2400) which is not correct. It should be $ 2000*20%/12*11 = $ 440. Subsequently, in Jan 2018, on the acquisition of $ 207, the system has posted a positive depreciation of $ 47,469 on the base value of $ 1,640,423.72!!! More surprisingly, acquisition after that is correctly depreciated. For example, acquisition on Jan of $ 3,488.94 was correctly depreciated by $ 174.45 (3488.94*20%/12*3 months). Here are the details of the configuration of depreciation: · Depreciation method SLM · Base method 0014 · Useful life: 5 years (20% depreciation). · Period control 01/01/01/01 · Depreciation after the end of planned life – the box is “checked”. · There is only ordinary depreciation. · “Only negative values and zero allowed” checked in Rule for positive/negative sign for ordinary depreciation in Depreciation Area. · Fiscal year: April to March · SAP ECC 6.0 Can anybody suggest/help how to fix this?
Hi Can any one Tell me in Detail from Starting Like i have finished the FI Part,now Soon after this How am i going to start the CO Part from where to where & how to link(Just give T.Codes i will understand) and when to Finish. Thanks in Advance.
1)how many tr's you have moved in support project? 2)tell me the complete process of idoc's? 3)what are the interfaces you have dealt wih in your project?
Explain automatic payment program configuration? : fi- accounts payable
What is the purpose of payment methods and when are they stored?
Explain about sap fico?
What is known as year shift/displacement in a fiscal year?
Is it possible to create an asset class automatically? : fi- asset accounting
what is mixed costing in product costing? please send to me
How do you configure that the results of the standard cost estimate are updated in other fields other than the standard price?
Hi, i heard that indian banks will not support electronic bank statement. If it is right, in lock box procedure every bank should send the statement in an electronic file right? How will they manage it?