If invoice amount is USD 1000 @Rs.62 and directly posted at Rs.62000 on 01-01-2014 and paid amount is USD1000 @Rs.64
and posted amount is Rs.64000 on 10-01-2014. Where will go the Rs.2000 amount. And what are all entries.
- 3 Answers
- 9474 Views
- Cap Gemini, I also Faced
- E-Mail Answers
Answer Posted / himanshu
1.4.14.purchase A/c Dr. 62000
To Vendor A/c. 62000
10.01.15. Vendor A/C Dr. 64000
To bank A/c. 64000
10.01.15 Forex Gain/Loss Dr. 2000
To Vendor A/C 2000
| Is This Answer Correct ? | 3 Yes | 1 No |
Post New Answer View All Answers
You are entered a credit memo posting to vendor who is linked to a customer on 1st of May 2003 for your company code but you have not specifically entered the same data in customer till now. You have lots of entries appearing in the vendor and customer account prior to that date of May 2003 also. You are making a manual payment to the vendor ? select out of the following which statements are correct. a. Credit memo document will get the special payment term as per vendor master definition. b. Customer items will not be shown while paying the vendor as customer is not linked. c. Customer items will be shown only postings after the date 1st May 2003. d. All items of customer and vendor will be available for payment provided payment is same from 1st May 2003. e. All items of customer and vendor will be available for payment provided Special GL items are also selected in selection screen irrespective of the activation date
Where can I get the mysap business suite on linux?
What are statistical internal orders? : co-pa
what is documentation in SAP FI? and what is reporting in SAP FI?
What is the difference between profitability analysis and profit center accounting?
How do you configure manual bank statement?
Explain the use of financial general ledger accounting (fi-gl)?
Differentiate between account assignment model, recurring entries, and sample document. : fi- general ledger accounting
What is individual processing of gl accounts? : fi- general ledger
How are tolerances for invoice verification defined?
How does partial payment differ from residual payment? : fi- accounts receivable
what is t-code for co-pa? : co-pa
There is an advance given by the customer which lies in a special gl account indicator A. Will this advance amount be considered for credit check?
What are the kinds of assets in sap? : fi- asset accounting
What is depreciation? Explain the various types? : fi- asset accounting
