Answer / tgs100

COGS account (Cost of Goods Sold) is entered in the item master for inventory items. When the item (usually Finished Goods) is sold (Sales Order --> Pick Release --> Ship Confirm), COGS account is debited and Inventory account is credited.

what is invoice price variance

1 Answers   HCL,

---

What is the use of pay group in AP?

4 Answers  

---

Explain the set up used for Automatic or Manual Supplier Numbering.

4 Answers   HCL, IBM, TCS,

---

To implement AP from scratch-what is the process?

5 Answers   Rolta,

---

What are the steps followed in creating the accounting flexfields?

3 Answers  

---

---

What are the setup steps that need to be defined for GL budgets

1 Answers   Pfizer,

---

What kind of budgets have you worked on?

0 Answers  

---

What are the depreciation methods used in FA module?

2 Answers  

---

difference between manual payment and quick payment?

4 Answers   Cognizant, SDGA,

---

some tabs in payable option and financial option?

1 Answers   Deloitte,

---

MOAC setup and which module do the setup? And what is the use of MOAC?

4 Answers   Deloitte,

---

what r issues faced in gl

0 Answers   TCS,

---