Answer Posted / saravanakumar

In ecc6.0 we have 6 features as per my concern.

1. Parallel reporting - we can pull report with multiple
currency into different type of country.

2. IFRS - International Financial Standard Reporting.

3. Cost of goods sold -
Based on SD or COPAC will capture the cost of goods sold
out. We can do the same in FI level without CO with the
help of two tables.

4. REAL TIME CO-FI INTEGRATION
Normally, if we change anything in CO level it will get
reflect in FI level till 4.7. In 6.0 watever u r changing
in CO level it will get reflect in FI as realtime.

5.Document Splitting
Eliminate the intercompany transaction entity.
It will eliminate volume and to cost.

6. NEW GL CONCEPT
This is the most important concept in ECC6.0
we have two ledgers
1. Leading ledgers (L0)
2. NON-Leading ledgers (L1,L2,L3,...)

EX: Headquarters - Leading ledger
Non-Headquarters - subsidairy ledger

What do you mean by chart of accounts? What is it used for? What are its important elements?

1099

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What is a request for quotation (rfq)? : fi- accounts payable

1256

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What is the difference between PC by order and PC by period?

1617

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Explain manual cost allocation? : co- cost center accounting

1182

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What happens when the revaluation is done in actual costing run for the previous period?

1066

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What is operating concern in co-pa? : co-pa

1092

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Explain open sql vs native sql?

1186

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Explain a sales cycle in sap? : fi- accounts receivable

1151

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How are exchange rates maintained in sap?

1186

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How does validation differ from substitution? : co- cost center accounting

1069

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What are the configurations for bank statement processing? : fi- general ledger

1300

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State the purpose of defining posting keys?

1145

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Why do we use sap fi?

1202

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How many ways can you create the asset master record ? : fi- asset accounting

1246

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

1128

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