Answer / smv

General Ledger help to prepare Financial statements and Sub ledgers help to know Vendors Information (AP), Customers Information (AR) , Assets information (AA) in SAP.

Reconciliation Accounts help to integrate GL and Sub Ledger

Answer / chandrababu

General ledger nothing but main ledger to post the business transactions in direct. In sub ledger not possible to the direct posting to create one reconciliation account use to post the business transactions vendor accounts(ap),customer accounts(ar),asset accounting.

How the system will know that april is your first posting period?

0 Answers  

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What is meant by payment advice, in terms of automatic payment program? Is the payment advice sent to the vendor or the bank. If any of guys can give me brief description as to what is the signifance of payemnt advice in APP, It would be of great help

4 Answers  

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What are the basic steps to using the fi module?

0 Answers  

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Why we do manual clearing?

0 Answers  

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why we are using the Planning levels in SAP FI (FS00 for G/L master day ) Plz check and send the replaymail

1 Answers  

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Hi All. IN AR once the first dunning is sent to the client, after that how the system will know the next dunning need to be sent?

4 Answers   Mphasis,

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WHO DUE DATE OF DOCUMENT Z CALCULATED?

5 Answers   SAP Labs,

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Why do you need country chart of accounts?

0 Answers  

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In what format are Bank statements uploaded? What are the advantages of this format?

0 Answers  

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Why different G/L have different field status group.

1 Answers  

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In accounts receivable, what’s the difference between the ‘residual payment’ and ‘part payment’ methods of allocating cash?

0 Answers  

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What is our interaction with other consultants (FICO, ABAP, MM, and SD) in the project?

1 Answers  

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