Answer / pradip

We use parallel currency to run business in two different
cureency. One is local currency & another is foreign currency.

Answer / sridhar

Parallel currencies are for getting Financial statements at
local country level,Group level,Global level.

Answer / wesley

when other company code is located outside the country, if they want the figures in their own currency.

What is the co reconciliation ledger and when would you typically use it?

0 Answers  

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Hi! I need to change the fiscal year variant from V9 (Oct-Sept) to K4 (Jan - Dec). I understand creating a short period for fiscal year variant K4 this could be solved, but the problem is that my Controlling Area, assigned to several company codes (which should keep V9 fiscal year) variant, has fiscal year variant V9 as well. I wonder if is there any way to have a company code with fiscal year K4 and assign it to a Controlling Area with different fiscal year variant, is there any alternative fiscal year variant? Or what do you suggest? Thanks!

1 Answers   Zen Cybertech,

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What is a shortend fiscal year?

0 Answers  

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Why doesn’t the system allow you to change the tax category in a version? : fi- general ledger

0 Answers  

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Explain managerial closing. : fi- general ledger accounting

0 Answers  

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Explain dummy cost center

0 Answers  

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What are the special periods 13,14,15,16 and what are they used for?

0 Answers  

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

7 Answers   IBM,

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What are user exits and name an example where one could be used in the fi/co modules?

0 Answers  

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What is the difference between olap and data mining?

0 Answers  

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Why do you use ?Bank Type? in customer/vendor master records?

1 Answers   lenovo,

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What is the real purpose of "Bank Sub GL" ? Can i post my all payment through "Bank Main GL a/c" insteadof using "SUB GL"?

2 Answers  

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