what is alternative a/c in GL a/c?

Question Posted / sappokala

4 Answers
8804 Views
iGate, I also Faced
E-Mail Answers

Answers were Sorted based on User's Feedback

what is alternative a/c in GL a/c?..

Answer / samiuddin.ali

Alternative G/l a/c is nothing but the Country specific
account

Which is used for COuntry specific reporting purposes

Is This Answer Correct ?

6 Yes

1 No

what is alternative a/c in GL a/c?..

Answer / mamidi vijay

This field can be used to store the old legacy system’s
account number against the new number in SAP. A standard
search help exists which will allow users to search for the
SAP account based on the old legacy account number. This is
particularly useful for new sap users who are stills getting
used the new chart of accounts.

mamidi1980@gmail.com

Is This Answer Correct ?

4 Yes

2 No

what is alternative a/c in GL a/c?..

Answer / a.wahane

If the company is maintaining Country specific COA, then we have to maintain alternate G/L account in the G/L master. In this way system create parallel entries in both COA which help company at the time of reporting to the authorities.

Is This Answer Correct ?

0 Yes

0 No

what is alternative a/c in GL a/c?..

Answer / sappokala

what is alternative a/c in GL a/c creation ? what it use
and where we can utilise it?

Is This Answer Correct ?

0 Yes

7 No

Post New Answer

More SAP FI-CO (Financial Accounting & Controlling) Interview Questions

If you want to learn Free Sap FI Course online join "SAP Fi Free online Course group" on FB

0 Answers

Explain about APP in FICO module ?

2 Answers Satyam, Tech Mahindra,

Dear All, Pl. guide me how do I move CWIP to assets? Thanks

2 Answers

Hi friends, As we all know (Net Present Value)The Currency value decrease every year.How to assign the net present value in asset accounting. If we use that concept say for ex. the asset value is for 10 years.if we use NPV method the asset the asset life willbe less than that na.How to use that? Ram.

0 Answers

We had two controling areas with different Fiscal years. A year later we changed the FY so both Controlling areas now have same fiscal year. we want to get rid of one controlling area and bring all the company codes into one controlling area. What is the fastest and safest way to do it?

1 Answers

Where we need to update Parallel currency information SAP.

2 Answers

what is a cenvat? can u explain abt it?

2 Answers Accenture,

What are the different line item reports? : cost center accounting

0 Answers

What is the examples of Value fields?

1 Answers Accenture,

Tell something about the credit-control area in the sap?

0 Answers

Q.What level we are creating cost centers,profit centers and house banks?

3 Answers iGate,

In vkoa screen what is the integration point in SD and FI.What settings we do?

3 Answers HP,

For more SAP FI-CO (Financial Accounting & Controlling) Interview Questions Click Here