Interested to Buy Any Domain ? << Click Here >> for more details...
Hi Can any one Forward to my mail ID nag.sai1983@gmail.com
As to what is the procedure for accounting the Bad Debts A/C
- 2 Answers
- 5391 Views
- I also Faced
- E-Mail Answers
Answer Posted / jo
Hi
Bad debt treatment is done through a special gl account.
An individual value adj a/c is created as a Special GL
account with indicator 'E'(also as a reconciliation
account) and an expense account is created for bad debt
expenses.
Define an individual value adjustment key (for individual
value adjustment as against flat rate adjustment).
Assign the key to customer master.
Execute the value adjustment.
the system will post a debit to bad debt expenses and a
credit to individual value adj a/c.
| Is This Answer Correct ? | 1 Yes | 1 No |
Post New Answer View All Answers
What do you understand by a line item? : cost center accounting
What are user exits and name an example where one could be used in the fi/co modules?
Hi all.... Please explain to me... what G/L account should I maintain / create If I want to do the intercompany transfer asset - no revenue. and if I want to do the intercompany transfer asset - Net Book Value. What is the different between this 2 method. My company's requirement is ... 1. Transfering the asset on company A to company B, example Asset 1 - acquisition date : 01.06.2007 , acquisition amount : 1000, accumulated depreciation till 31.12.2007 : 10 so the net book value is 90, useful life 4 years the company wants to transfer this asset in company B. is it possible to transfer all the data just like I explain above : acquisition date : 01.06.2007 , acquisition amount : 1000, accumulated dep = 10
Explain the purpose of the account type field in the gl master record?
What is the year specific fiscal year variant?
Explain what is posting key and what does it control?
What are the necessities of a dialog program must complete?
While defining chart of account, there is field "manual creation of cost element" and "automatic creation of cost element", what is it?
Explain about fi organizational structure?
In accounts receivable, what is the difference between the 'residual payment' and 'part payment' methods of allocating cash?
Explain ‘controlling (co)’ in sap?
1.How to get the list of deleted vendor master records/vendor a/c's and can we reuse the same account numbers (delted account number) for creating another new vendor master record?
How do you assign a fiscal year variant to a company code?
What variances do you come across in invoice verification? : fi- accounts payable
hi this is ganesh i am having experiance in finanace ,my graduation -B.COM+ONE year excutive MBA i am looking coaching for SAP(FICO) from realtime experiance person from BANGLORE --if any body is their please mail me -to---ganesh.isbm@gmail.com Thanking you Regards Ganesh
