Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...


What is actual meaning or procedure of Revenue recognistion
in SAP FICO Module?? Why we use VF44 TCode in RR run ??



What is actual meaning or procedure of Revenue recognistion in SAP FICO Module?? Why we use VF44 T..

Answer / chandrabhanpatil

Hello,
RR is run as we want to know the correct picture of our
Profit and loss account for a particular period.In SAP we
run RR on datewise or periodwise as well as on accrual
basis.Because to make a complete shipment it takes 2-3
months. If we not recofnize the revenue our P & L shows
negative balance as we are incurring continue expenses
means daily running charges.To mainatin the uniformity in
Revenue recogniztion we run RR.
- Chandrabhanpatil

Is This Answer Correct ?    0 Yes 0 No

Post New Answer

More Accounting General Interview Questions

Balance sheet is account or statement?and Which account is come under balance sheet(i.e. real,personal and nominal account)?

3 Answers  


what is badts and its entries?

4 Answers   Genpact, Ramky,


sir what is the depreciation and how to calculate depreciation as per company books, i need as per IT ACT, AND Companies Act give me clarification with example

0 Answers  


What is batch input? why we use batch input session in SAP(FICO)?

0 Answers   HGS,


what's mean of capital reserve and reserve capital

2 Answers  


Why do you prepare a P/L Appropriation a/c?

3 Answers  


What is bad debt expense?

0 Answers  


Tell me by saying, perpetual or periodic inventory system; what do we mean?

0 Answers  


What is diffrence between Satutory Liquid Ration and Cash Reserve Ratio?

4 Answers   IIM,


please tell me when co. owner invest money in his family members bank a/c. not any transaction came in business can we do this bank statement in tally ?

0 Answers  


what is payroll

2 Answers  


What is difference betwwn cheque & DD

2 Answers  


Categories