What is short term > debtors & Creditors ??
What is Long term > debtors & Creditors ??
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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.
| Is This Answer Correct ? | 2 Yes | 2 No |
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.
| Is This Answer Correct ? | 2 Yes | 10 No |
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