Answer Posted / chakrapani

Customer a/c is debited
ACC.dep a/c is debited
asset clearing a/c debited
profit/loss a/c is debited
sale of asset is credited
asset clearing a/c is credited
profit/loss a/c is credtied.

What variances do you come across in invoice verification? : fi- accounts payable

1202

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What is the advantage of bw reporting on co-pa data compared with directly running the queries on co-pa? : co-pa

1110

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Differentiate between residual payment and part payment.

1189

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What is a functional area in sap ?

1203

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What is a plan version? : co- cost center accounting

1052

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What are the different types of cost elements? : cost center accounting

1079

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How do you configure the assignment of variances from product costing to copa module? : co-pa

1059

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I had posted a down payment to a vendor. In addition to that i had posted the invoice to the same vendor.When i run the F110 to make the payment, I want the functionality to adjust the down payment with the invoice & to pay the balance amount. I don't want to do the down payment clearing manually in F- 54. the down payment should be done in the F110 itslef. Is it possible?. If yes what is the configuration related to this.

2440

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if New plant is arrived what are the pre checks we will perform from Controlling end?

1641

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What do you understand by variance calculation in period end closing? : cost center accounting

1042

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How do you control field status of gl master records and from where do you control? : fi- general ledger

1048

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What do you mean by chart of accounts? What is it used for?

1156

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Will the fi document be created with the purchase order (po)? : fi- accounts payable

1075

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What is the co module for?

1078

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Explain the term sap fico?

1172

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