Answer / sachin

It is a Concept of taxation which helps in avoiding the
cascading effect of taxes. Eg. Whenever a manufacturer buys
goods and pays taxes he is given a credit of the taxes and
while selling the goods he is allowed to take the credit of
the taxes which he has paid, and he is asked to pay the net
difference only avoiding the cascading effect

Answer / jesu

Cenvat (Central Value Added Tax) has its origin in the
system of VAT (Value Added Tax), which is common in West
European Countries. Concept of VAT was developed to avoid
cascading effect of taxes. VAT was found to be a very good
and transparent tax collection system, which reduces tax
evasion, ensures better tax compliance and increases tax
revenue.

What are the objects can archive in the SAP system and how for Finance Module ?

0 Answers  

---

Hi sap expert. i want to know all the interview type of question and answer in asset management, automatic payment (app) and field status group.

0 Answers   Accenture,

---

What is a company in sap ?

0 Answers  

---

What is GR/IR account? Why do you maintain that? Explain the importance of GR/IR clearing account.

19 Answers   IBM, Nipuna, Orica, TE,

---

For one company code max how many chart of accounts can we assign?

8 Answers   Accenture, HCL,

---

Dynamic and Static Postings, Differences

1 Answers  

---

how we integrate with fi-sd and fi-mm and what are the steps required and where you integrate them

2 Answers   TCS,

---

how many currencies can be given to a gl account ?

3 Answers  

---

Customer is not being created in T. code XD01. An error message pops up when I save the new customer details, "An entry all ready exists with the saved customer number". Error msg number = 'F2007' Please guide...

2 Answers  

---

A client running the business through world wide,but he has in all branches,all bank accounts in only ICICI Bank a/c's but how many house banks he need to create? How it explain me?

3 Answers   HCL,

---

In using kob1 tcode for actual line items, I want to know if we can make it display line items month wise.do i need ABAP for it or can i use ABAP Queries? I want to see the line items for the internal orders monthly

1 Answers   PiTech, TCS,

---

what is preparing AS-IS & TO-BE doucment for PF implementation process. and what is pf in supporting i want to know.

1 Answers   CTS,

---