Answer / murali.t

accounts payable

purchase requisiton-purchase order-goods receipt-invoice
verification -payment to vendor

accounts receivable
sales order, delivery - billing document - posting to
account - payment from customer

Answer / pratik pandey

1) When Purchase Order is created
====NO ENTRY====
2)When GR is Posted
Inventory a/c dr.
To GR/IR a/c
3)When Invoice is Posted
GR/IR a/c dr.
TO Vendor
4)Payment made to Vendor
Vendor a/c dr.
To Bank



1)When Sales Order Created
====NO ENTRY===
2)PGI Time
Cost Of Goods Sold a/c dr.
To Inventory a/c
3)Billing doc.released to accounting
Customer a/c dr.
To Sales Revenue
4)Payment Received
Bank a/c dr.
To Customer

Answer / lakshmi

ap life cycle means procure to pay process its start with

purchase requistion
purchase oreder
goods reciept
invoice receipt
paymet to vendor.

ar life cycle start with

inquiry
qutation
saled order
delivey noet
goods issue
order invoice
debit/ credit memo(if need)

Answer / tapan

hello murali
i have a doubt. if mm module is not implemented.so that time what will you do???

Answer / shahrukh mehfooz

I have wrong posted entry in other vendor how to reverse it in sap

Answer / rahiman shaik

Use T-code F.08 to reverse the document and repost to the correct vendor

Answer / kai

If MM is nt in place, just do direct posting in FI for the Stock and Vendor account will do.

Answer / tapse sachin

ACCOUNTS PAYABLE AND ACCOUNTS RECEIVABLE

What is the Tcode for downloading chart of accounts with reference to P&L and Balance Sheet. When i Download the Chart of Accounts with F.10 its showing only GL long text and GL Account number but i want to know whether the GL belongs to P&L OR Balance sheet

4 Answers  

How do you perform budget structuring and take care of budget overrun issues in Funds management? What is the configuration and what are the T codes that are used?

0 Answers  

what is end to end impletion? and what are the areas to be involved by fi consultant from starting to end could you pls explaing anybody.? Rgds, Swapna Sinha

0 Answers   IBM,

Hi Gurus, Kindly give few practical examples in GAP analysis where we cannot map into SAP from legacy system.

0 Answers   College School Exams Tests, Wipro,

Can GL a/cs of one company code be copied to another company code (the two company code belongs to different companies)? If possible what is the procedure?

5 Answers  

while doing and practicing on my sap demo server iam getting system/program error as i want to post the document in f-02 what does it mean how can it be solved

3 Answers  

Is it possible to do Down Payments to vendors through AUTOMATIC PAYMENT PROGRAM run, What are the steps required?

7 Answers   IBM,

Could any one explain Process Flow and Integration of HR with FI.

0 Answers  

What is tolerance group?

16 Answers   EDS,

How sales order link to profit center?

2 Answers   IBM,

what are the challenges you are faced with end users ?

0 Answers  

After creating a customer/vendor, how can we check that under which account group we have configured this customer/vendor?

0 Answers