In GL Master Record creation (FS00) for what type of accounts
do we need to select "Open Item Management" in the control
data field? Why ? Explain the concept

Answer Posted / ranjith8055

FOR Vendor transactions,Customer transactions, TDS transactions, bill discounted, and provisions for out standing exp we select open item management option.
open item means pending transactions in SAP.by selecting open item management option in control data tab in master record(fs00) it will show the open item until the corresponding payment/receipt posted or until clear

Is This Answer Correct ?    2 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Explain managerial closing? : fi- general ledger

638


What do you understand by cost center, profit center in controlling?

541


What is configuration procedure for Asset procured through purchase order

2400


What are ‘commitment’ line items in co?

599


Explain revenue account determination in sd? : fi- accounts receivable

610






What is a posting period variant ?

660


please any body can tell me ,what reponsibilities and roles should a sap fico consultant do in the job

1487


What is an activity type? : co- cost center accounting

621


What is clearing? : fi- general ledger

559


What is the purpose of a "document type" in sap?

599


Explain ‘field name for partitioning’ in co-pa : co-pa

624


What is a posting key and what does it control in sap ?

666


What is web? What is its purpose?

638


Hai... friends i dont know this is right or wrong but depends on my position ask this question. any one know the SAP FICO genuine back door job in software. iam married but some reason can i take divorce so iam very disturbed. so in this position i will not able to concentrate and not able to face interview. so iam asking backdoor but i have strong knowledge on subject. pls help me. my qualification M.Com ( 2009 ). contact my mail id : phani01011983@gmail.com. cont me as early as possible. thank you.

1424


How does the system calculate depreciation? : fi- asset accounting

615