I have a company ABCD. under that i created three company codes using same fiscal year (April- March) and same chart of accounts. Three companies are located in different countries. One of the country located in USA. So i need to draw financial statements in USA for the period Jan- Dec. So anyone can explain how to draw financial statements respective period.
Answer Posted / kamal
you can use country specific chart of account for this type of scenario .
| Is This Answer Correct ? | 4 Yes | 1 No |
Post New Answer View All Answers
What is the credit control area in sap?
After entering a document can you delete the entry? Can you change the document?
Can you assign more than one company code to a company ?
What is a ZM entry, is it recorded in the general ledger, and what does it do?
What are the segments of the customer master record? : cost center accounting
Explain the entire process of invoice verification from gr to invoice verification in sap with accounting entries?
what do you mean by the tolerance group?
Explain posting of costs to cost centers? : co- cost center accounting
What is summarization in co? : co- cost center accounting
Explain about a shortened fiscal year?
Can you explain how do you carry forward account balances?
What are Business Partner Conversions? How would you perform Business Partner Conversions and why are they necessary? Discuss Business partner conversions on the SAP Treasury side? Explain the scenario in detail?
What do you mean by component scrap and how is it maintained in sap?
What do you understand by posting key? : cost center accounting
What is the use of special periods?