Answer Posted / 10

Local currency in G/L is taken for balancing point.Setting
local currency indicator in GL master account affects the
way A/c Balances are stored in GL summary. If this
indicator is set, the GL balances are updated only in local
currency.

Foreign Currency valuation of GL accounts where the
indicator "only balance in local crcy" is set is affected
in the following manner depending upon the type of account

* If the account for which only balance in local currency
is set, is an open item managed account, i.e: the
indicator "Open Item Management" is also set in the GL
account master.

* If the account for which only balance in local currency
is set, is a non-open item managed account, i.e: the
indicator "Open Item Management" is also not set in the GL
account master.

Explain reversal of documents in sap : fi- general ledger accounting

1134

---

When defining a new ledger in the special purpose ledger, how can you retrospectively populate fi data for a previous fiscal year?

1090

---

What are account assignment models?

1116

---

explain house bank flow without telling the configuration

1622

---

What are the benefits of a data quality solution?

1200

---

what is documentation in SAP FI? and what is reporting in SAP FI?

2293

---

What is sap r/1, r/2, r/3 ? Or difference between r/1,r/2,r/3 ?

1410

---

Where are payment terms for vendor master maintained?

1118

---

How do you maintain exchange rates in sap? : cost center accounting

1160

---

Differentiate between the parking and the holding of documents? : fi- general ledger

1211

---

What is a financial statement version? : fi- general ledger accounting

1190

---

What is a year dependent and independent fiscal year variant?

1083

---

How to get different checks and different amount in APP run?

4975

---

What is individual processing of gl accounts? : fi- general ledger accounting

1219

---

How do you create gl account master data? : fi- general ledger accounting

1080

---