Answer / parandham

Short term:<365 days from the invoice date
Long term:> 365 days from the invoice date
As per the customer confirmation we have to move respective
invoice to short term/long term.

In SAP: Short term/long term we have to creat one spl GL
Indicator which is determine short term/long term.

for example for long terms O is the spl GL N for long term.

Answer / farooq baig

1. Short term debtors means the persons buys goods for credit on short term say fortnight or 1 month. Creditors vice versa.

2. Long term debtors means the manufacturers/Persons buys goods for crdit for long term say above 1 month to 6 months. Creditors vice versa.

what is the effect of surplus in p&l account? or what is its significance

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What do you know about this position?

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companys act

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