is it possible to have different currencies for gl accounts
under one chart of accounts ? if yes what is the significance?
Answer Posted / sridhar
Yes, we can maintain a G/L Account with multiple currencies
if (Maintain G/L Account in local currency) is not checked.
We can transact with foreign vendors with same single g/l
instead of using different G/L's for different currency
transactions.
| Is This Answer Correct ? | 5 Yes | 0 No |
Post New Answer View All Answers
Explain the relationship between company code and controlling area?
General Ledger Process flow
Explain briefly how you can import electronic bank statements into sap?
What is parallel and local currency in sap?
What is generally configured in the payment term as a default for baseline date?
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................
How is cost center accounting related to profit center?
How many chart of accounts can company code have?
Explain customer/vendor master records? : fi- accounts receivable
Where are payment terms for customer master maintained?
How do you carry-forward account balances? : cost center accounting
What is the difference between profitability analysis and profit center accounting?
What is a noted item? : fi- accounts payable
1. Tell me Some of AS IS sceniours you have come accross in your projects (related to FICO modul) 2. Tell me some expamples of Gap Analysis that you have come accross in your respective module ie in FICO 3. Tell me some of expample of BPR
How many normal and special peroids can be there in a fiscal year? What is the use of special periods?