hello sir .ihave one party.this party is vendor and also customer party.i purc

hello sir .ihave one party.this party is vendor and also
customer party.i purchased&sell goods to this party.so how
can i manage this a/c.how can i post purchase&sales
invoice.and also outgoing&incoming payment

Question Posted / dilshan_21

2 Answers
5925 Views
LCC, I also Faced
E-Mail Answers

Answers were Sorted based on User's Feedback

hello sir .ihave one party.this party is vendor and also customer party.i purchased&sell goods..

Answer / guest

In sap vendor master as well as in custmore master there is
segment of vendor or customer there you enter customer/
vendor name and number and you can set off the out standing
incoming payments and outgoing payments and configure in the
same way ,,k ../

Is This Answer Correct ?

19 Yes

0 No

hello sir .ihave one party.this party is vendor and also customer party.i purchased&sell goods..

Answer / mr.subhash.badiger

Mr.Subhash.Badiger

Create Vendors Master
Create Customers Master
Post invoice for Customers (DR)
Post invoice for Vendors (KR)
Then go change and update Vendors Master
information in Customers screen
Then go change and update Customers Master
information in Vendors screen.
Post incoming payment or outgoing payment
(According to Receivables or Paybles)

Is This Answer Correct ?

4 Yes

1 No

Post New Answer

More SAP FI-CO (Financial Accounting & Controlling) Interview Questions

PLZ TELL THE CONFIGURATION AND PROCESS OF CHEQUE MANAGEMENT WITH ALL REQUIRED T.CODE ?

1 Answers IBM,

If a transaction is posted and say our company bought the materials from a vendor. Does the vendor get credited or debited and does gr/ir get credited or debited in the accounts? please let me know im sorta confused with this

1 Answers

I have blocked the Vendor Invoices in SAP at the time of preparing them in F-43 but when I have tried to Unblock them in FBL1N then system is just showing them they are blocked and not giving me the option to unbleck them. please help me out?

1 Answers

How many types of land scapes are there and tell me the land scape which is often used by the companies?

2 Answers

Why we do document splitting ????

1 Answers

what is the ASAP methodology in SAP. and what all documents are there in ASAP phases.plz explain the document involve in ASAP phases in detail.

2 Answers IBM,

What is the purpose of Activity Type?

5 Answers

what is High value sale?

0 Answers ABB,

What is the purpose of "document type" in sap?

0 Answers

How do you need to have integration with SD and MM modules?

3 Answers

What do you mean by opening/closing posting periods?

0 Answers

hi all where did we see the posting a document in FB50L. it is not reflect in fbl5n?

3 Answers Wipro,

For more SAP FI-CO (Financial Accounting & Controlling) Interview Questions Click Here