Answer Posted / venkat reddy
THE BASELINE DATE IS USED TO CALCULATE THE DUE DATE BY
TAKING INTO ACCOUNTS THE PAYMENT TERMS.ON APP THE BASELINE
DATE HELPS TO PICK THE RELEVANT INVOICES FOR PAYMENT.
DURING APP WHEN THE INVOICES ARE PULLED INTO RUN,THE SYSTEM
CHECKS THE NEXT PAYMENT DATE BEFORE PICKING INVOICES TO BE
PAID.
REGARDS
VENKAT REDDY
| Is This Answer Correct ? | 3 Yes | 6 No |
Post New Answer View All Answers
Explain manual secondary cost planning? : co- cost center accounting
What is a call-up point? : co- cost center accounting
What is an exchange rate type?
Can posting period variant be assigned to more than 1 company code?
What is a chart of accounts and types of coa in sap ?
Can I integrate a data quality solution within other software applications?
How many normal and special peroids can be there in a fiscal year? How do you open and close periods? What is the use of special periods?
Describe the dunning process? : fi- accounts receivable
Describe mass change/how do you achieve this? : fi- asset accounting
Pls send me some tickets and answerw purpose of interview?
What is a request for quotation (rfq)? : fi- accounts payable
What is the meaning of ADHOC P.O's Do we create Adhoc P.O's to our regular Vendors.What are the Tax aspects in this Issue.
What is a special purpose ledger?
What is a company code in sap
What is an “asset under construction”?