Answer Posted / bhaskar
The ‘Trading Partner’ concept is used to settle and reconcile ‘inter-company transactions,’ both
sales and purchases. This is generally achieved by entering the Company-ID (not the Company
Code) to which a customer belongs in the ‘trading partner’ field under the tab ‘Account Control’ in
the customer master record. You can do a similar entry in the vendor master record.
Is This Answer Correct ? | 11 Yes | 1 No |
Post New Answer View All Answers
What are the different types of cost elements? : cost center accounting
How do you perform annual closing in sap? : fi- general ledger
While defining chart of account, there is field "manual creation of cost element" and "automatic creation of cost element", what is it?
explain automatic payment program? : fi- accounts payable
What is a financial statement version? : fi- general ledger accounting
What is internal recruitment ?
How account payable in fi is related to g/l?
What is known as a depreciation run in sap? : fi- asset accounting
What is dunning in fi?
Can you assign more than one company code to a company ?
What is a cost center? : co- cost center accounting
Pls send me some tickets and answerw purpose of interview?
Explain the use of financial general ledger accounting (fi-gl)?
What is the significance of sender & receiver cost elements & cost centers?
What are automatically set in the asset masters during initial acquisition? : fi- asset accounting