- What Is the Report Painter?
Answer: The report painter is a pre-conveyed SAP detailing device for the controlling module. It permits SAP reports to be immediately made, ordinarily real versus plan examination for cost components, inner requests and cost focuses.
- Can Posting Period Variant Be Assigned To More Than 1 Company Code?
Answer: Yes. Posting period variation can be allocated to more than one organization code.
- Where Do You Attach The Check Payment Form?
Answer: It is joined to the instalment strategy per organization code.
- Which Is The Payment Term Which Actually Gets Defaulted When The Transaction Is Posted For The Customer (bookkeeping View Or The Sales View)?
Answer: The installment term in the bookkeeping perspective on the client ace comes into picture if the exchange starts from the FI module. In the event that a FI receipt is posted (FB70) to the client, at that point the installment terms default from the bookkeeping perspective on the client ace. The installment term in the business perspective on the client ace comes into picture if the exchange starts from the SD module. A business request is made in the SD module. The installment terms default in the business request from the business perspective on the client ace.
- Where Are Payment Terms For Vendor Master Maintained?
Answer: Payment expressions for Vendor ace can be kept up at two spots for example in the bookkeeping view and the buying view.
- Would we be able to Change The Reconciliation Account In The Vendor Master?
Answer: Yes. Compromise record can be changed in the merchant ace given that the power to change has been arranged. Regularly we ought not change the compromise account.
- What Is The Impact On The Old Balance When The Reconciliation Account In The Vendor Master Is Changed?
Answer: Any change you make to the compromise account is forthcoming and not review. The old things and equalizations don't mirror the new record just the new exchanges mirror the record.
- There Is An Advance Given By The Customer Which Lies In A Special Gl Account Indicator A. Will This Advance Amount Be Considered For Credit Check?
Answer: It relies upon the design setting in the exceptional GL marker A. In the event that the "Applicable as far as possible" marker is turned on in the Special GL pointer A the advances will be important for a credit check, else it won't be significant.
- In Payment Term Configuration What Are The Options Available For Setting A Default Baseline Date?
Answer:
There are 4 alternatives accessible:
- No default
- Posting date
- Document date
- Entry date
- What Is Generally Configured In The Payment Term As A Default For Baseline Date?
Answer: Generally the report date is designed in the installment term as a default for the benchmark date.
- How Is Bank Reconciliation Handled In Sap?
Answer:
The bank repo regularly follows the beneath technique:
to start with, the installment made to a Vendor is presented on a break bank clearing account. Accordingly, while performing compromise, a passage is presented on the Main Bank account. You can do bank compromise either physically or electronically.
- How Do You Configure Cheque Deposit?
Answer:
Coming up next are the means for arranging check store:
Step1: Create account images for the primary bank and approaching Cheque account.
Step2: Assign records to account images.
Step3: Create keys for posting rules.
Step4: Define posting rules.
Step5: Create business exchanges and allocate posting rule.
Step6: Define variation for check store.
- What Is The Clearing Basis For Cheque Deposit?
Answer: In the variation for Cheque store we have to set up the accompanying
fields report number ( which is the receipt number)
sum
Short depiction of the client
The report number and the receipt sum goes about as the clearing premise.
- How Do You Configure Manual Bank Statement?
Answer: coming up next are the means for designing manual bank articulation:-
Step1: Create account images for the primary bank and the sub-accounts.
Step2: Assign records to account images.
Step3: Create keys for posting rules.
Step4: Define posting rules.
Step5: Create a business exchange and allot posting rule.
Step6: Define variation for Manual Bank articulation.
- How Do You Configure Electronic Bank Statement?
Answer: The means for Electronic Bank Statement are the equivalent aside from two or three more extra advances which you will see down beneath.
Step1: Create account images for the principle bank and the sub-accounts.
Step2: Assign records to account images.
Step3: Create keys for posting rules.
Step4: Define posting rules.
Step5: Create an exchange type.
Step6: Assign outer exchange type to posting rules.
Step7: Assign Bank records to Transaction types.
- What Are The Organizational Assignments In Asset Accounting?
Answer: Chart of deterioration is the most noteworthy hub in Asset Accounting and this is doled out to the organization code. Under the Chart of devaluation, all the deterioration computations are put away.
- How Might You Link Customer And Vendor Master Records And What Is The Purpose Of Doing So?
Answer: On the client ace there is a field "merchant" and in like manner on the seller ace there is a field "client". By entering these ace information numbers, a connection can be made between the AP/AR sub-records for use in the installment program, dunning routine and the freeing from open things.
For instance in the installment program, if a particular colleague is your seller yet in addition your client, connecting their lord records together will permit the open AR solicitations to be balanced against the remarkable AP solicitations.
- What Are Terms Of Payments And Where Are They Stored?
Answer: Payment terms are planned in design and resolve the installment booked date for customer/seller solicitations.
They are saved money on the customer/seller ace report and are extended done onto the customer/merchant stock postings. The planned date acquired through the installment can be changed on the individual bill if necessary.
- What Is Meant By A "standard Date" In Sap Ar And Ap?
Answer: The benchmark date is the date from which the installment terms (indicated in IMG exchange OBB) apply Usually this is the archive date on the receipt however can likewise be the date of section or posting date from the record.
- What Are One-time Vendors?
Answer: In specific ventures (particularly where there is a high volume of money exchanges), it isn't viable to make new ace records for each seller exchanging accomplice.
Once merchants consider a fake seller code to be utilized on receipt section and the data which is typically put away in the merchant ace (installment terms, address and so forth), is keyed on the receipt itself.
- Name The Standard Stages Of The Sap Payment Run?
Answer: The resulting activities are consistently conveyed all through the compensation succession
Getting to boundaries (organization codes, installment frameworks, merchant accounts, and so on.).
Proposition Scheduling – the framework recommends a rundown of bills be reimbursed.
Installment booking – the booking of the real sums into the record.
Printing of installment plans (checks and so on.).
Changes on the above might be seen in many SAP customers, however the questioner will see the fundamental advances prior.
- Clarify Briefly How You Can Import Electronic Bank Statements Into Sap?
Answer: A record document is gathered from the bank which is later transferred to the SAP strategy. The record contains highlights of the organization's bank inclinations for example checks, bank premium, bank charges, money receipts, and so forth. Contingent upon the mode arrangement SAP will attempt to book these exchanges naturally to the correct records to sidestep the requirement for standard methodologies by SAP clients.
- What Is "dunning" In Sap?
Answer: Dunning is the cycle by which installment pursuing letters are given to clients. SAP can figure out which clients ought to get the letters and for which late things.
Various letters can be imprinted in SAP contingent upon how far past due the installment is from a basic suggestion to a lawful letter.
The dunning level on the client ace demonstrates which letter has been given to the client.
- What Are "reason Codes" Used For In The Accounts Receivable Module And What Are The Factors To Be Considered In Their Configuration?
Answer: Reason codes are labels which can be alloted to clarify under/excessive charges during the distribution of approaching client installments. They ought not be mistaken for 'void explanation codes' pre-owned when active checks are created.
During arrangement coming up next are resolved
Regardless of whether the things booked with these explanation codes are to be hailed as questioned things for the reasons for credit the board (contested things don't build client credit introduction.
The sort of correspondence (assuming any) to be created consequently code because of the under/excessive charge.
Regardless of whether a different detail ought to be made to charge off the installment contrasts to a different G/L account.
- What Are Exchange Rate "factors"?
Answer: Exchange Rate factors are the connections between one cash and another to which a swapping scale is applied.
For instance, you may characterize the Indonesia Rupiah to US$ factor as 10000: 1.
Joined with a swapping scale of 0.95 this would liken to 9500 IDR to 1 USD.
- What Is Document Parking And Why Is It Important When Consideration Internal Control Procedures And "isolation Of Duties"?
Answer: Parking is a SAP expression which implies a posting (AP/AR/GL) can be incidentally spared (conceivably with deficient data) without hitting the influenced ledger(s). A different individual would then be able to deliver the presenting on the record when required.
This is valuable for instance if junior staff are to at first enter the solicitations before their administrator checks it and books it to the record.
Another mainstream use is when entering GL diaries with a huge number of details. The record can be part spared taking into account culmination at a
