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Recently i am faced an interview. Interviewer asked me " after PGI what" ? and "after invoice what"? plz tell me anybody. thanks in advance.
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Answer Posted / kadam
After PGI the Activities takes place in system as follows :-
1) Stock updates 2) inventory accounting document generates i,e Cost of goods sold account A/c Dr
to
Inventory account CR
3) updates in LIS (Logistic Information System) 4) Document flow Updates 5) updates in credit management 6) updates in billing due List.
After Invoice the Activities takes place in system as follows :-
1) Revenue accounting document generates
customer A/c dr
to
Revenue A/c Cr
2) updates in LIS 3) Updates in Credit management 4) Updates in document flow 5) profitability analysis document generates 6) cost center document generates
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Hi, Can anyone proivde the soluiton for the below senirio, thanks in advance. We are providing test services to various sites of a corporate. Now, we want to bill as a single bill point i.e. Corporate office. Single bill for each site will be generated. E.g. Panac Labs, New Delhi Head Office Panac Labs, Mumbai Lab at Mumbai Panac Labs, Kolkata Lab at Kolkata Panac Labs, Indore Lab at Indore In above case, we are cattering services to all four locations. However, New Delhi is the Head office and Lab too. Hence we will issue four bills addressed to Panac Labs, New Delhi. Outstanding and debtors will be maintained on A/c of Panac Labs, Head office. We also want to maintain sub- ledger base on sites
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