what is GL account and how it is used and can you plz give me an example of GL account how it is used in company. 2. when we create a company code,plant and storage location what we have to do with GL account I.E we have to create an GL account? or we have ...
A general ledger (GL) is a set of numbered accounts a business uses to keep track of its financial transactions and to prepare financial reports. Each account is a unique record summarizing a specific type of asset, liability, equity, revenue or expense. Achart of accountslists all of the ...
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Chart of a/c are creation of account for groups. In accounts groups you can post the all G/L accounts. Was this answer useful? Yes ReplySATYA VENKATA GOPALA KRISHNA, DURBHA Jan 26th, 2007 The group chart of accounts contains the GL accounts that are used by the Corporate group. Th...
material master record, the SAP system just follows the accounting rules to do the inventory cost postings. The logic itself of moving average price or standard price is mainly the SAP standard function. Meanwhile, the system still needs some basic MM-FI integration configurations for GL accounts...
You may have come across the latest blog post by Pierre Col titled " What's in SAP Build for our Partners? Insights from AGILITA. " Pierre and AGILITA have
Use of GTINs in supply chains The GTIN number’s authentic way of providingunique product identificationmeans that any product or service that is priced, ordered, or invoiced anywhere in the supply chain meets the demand logistics for all trading partners; it promotes excellent order accuracy, sup...
you can change the local currency option in GL master. but only think is that GL account has not been related to cleraing accouts. SAP has given good example below. Examples You set up a clearing account for goods receipts and invoice receipts and manually post...
SAP FI records all the business transactions with an unbroken audit trial from financial statements to the individual documents. The postings made in sub ledger accounts always generate a postings in a corresponding G/L account. The data is available in real time, so the financial accounting data...
SAP Managed Tags: MM (Materials Management) hii In a simple way, can any body explain me about account category reference in account determination-MM. What is the significance of ACR??? Dot send any links , pls explain here in short manner . Thanks SAP-MM Know the answer? Help others...