Interested to Buy Any Domain ? << Click Here >> for more details...
In-house Cash functionality allows “Consolidate the request and make payment on behalf of subsidiaries. “ Can some one help me understand how this is different from Sending Company code and Paying company code concept?
- 1 Answers
- 6853 Views
- I also Faced
- E-Mail Answers
Answer Posted / rohit duggal
SAP In-House Cash is used for processing internal and external payment transactions within a GROUP or Company. By using SAP In-House Cash you can reduce the number of external bank accounts you hold and the volume of foreign payments you have to make. SAP In-House Cash is implemented at a central location within a group of companies. In case of sending company and paying company code , it happens when two different company codes are involved in the transaction.
Hope it helps ! Cheers !
| Is This Answer Correct ? | 3 Yes | 0 No |
Post New Answer View All Answers
What is a screen layout? : fi- general ledger accounting
Describe transfer of legacy asset data' to sap? : fi- asset accounting
What is a special purpose ledger?
How many retained earnings accont can be defined?
How many normal and special peroids can be there in a fiscal year? What is the use of special periods?
How do you calculate the due date of a document?
Explain year closing in fi-aa? : fi- asset accounting
What variances do you come across in invoice verification? : fi- accounts payable
Can anyone give me real-time coaching in sap fi/co i am residing in marathalli Bangalore.........
How do you define number ranges in co? : co- general controlling
How we do the Testing? Normally how many types of testing process we use in SAP?
What is cost center group? : cost center accounting
What type of steps comes from Product Costing to CO-PA ?
In sap fico what are the terms of payment and where are they stored?
What is the difference between olap and data mining?
