You can configure this through transaction code OBXR or by following path; SPRO > Financial Accounting > Accounts Receivable and Accounts Payable > Business Transactions > Down Payment Received > Define reconciliation account for customer down payment If you configure this then down payment will automatically be made to this account instead to the … [Read more...] about How to define reconciliation account for customer down payment
Archives for August 2013
How to define accounts for cash discount taken
In the first step you create the general ledger A/C by using transaction code FS00 and then assign the same general ledger A/C as a cash discount taken account. To assign the general ledger A/C as your cash discount received account you have to follow the following path; SPRO > Financial Accounting > Accounts Receivable and Accounts Payable > Business Transactions … [Read more...] about How to define accounts for cash discount taken
Limited Liability Partnership Firm Formation – LLP Formation in India
Limited liability partnership or LLP is registered with the ministry of corporate affairs. It's a partnership firm where all the partners have limited liability. The concept of LLP in India started in 2009 after the introduction of LLP act, 2008 which is passed and notified with effect from 31st march 2009. In India a It's treated just like a partnership firm formed with a … [Read more...] about Limited Liability Partnership Firm Formation – LLP Formation in India
Company Name Approval Process in India
After getting you Director Identification Number or DIN approved from MCA, you can start your company name approval Process. You can check at MCA site to know whether the company name is available for registration or not. If you find any company with the same name then your name can not be approved by MCA. Same site can be used for LLP name search. The must important … [Read more...] about Company Name Approval Process in India
What is a digital signature certificate – DSC
DSC is an electronic signature used to authenticate any digital message or documents. A properly implemented digital signature gives the receiver reasons to believe that the message that has been sent by the owner of the signature. The original owner can not deny for the authentication of the signature. Digital signature or DSC uses encryption technique and a public/private key … [Read more...] about What is a digital signature certificate – DSC
How to define Vendor or Customer tolerance group in SAP FI
You can define vendor/customer tolerance group with transaction code OBA3 or through following path; SPRO > Financial Accounting > Accounts Receivable and Accounts Payable > Business Transactions > Outgoing Payment > Manual Outgoing Payments > Define Tolerance Group (Vendors) Tolerance group settings for vendor are used when there is a difference in … [Read more...] about How to define Vendor or Customer tolerance group in SAP FI
How to define accounts for exchange rate differences
You can define your general ledger account as a exchange rate difference account through transaction code OB09 or by following the path; SPRO > Financial Accounting > Accounts Receivable and Accounts Payable > Business Transactions > Outgoing Payments > Outgoing Payments Global Settings > Define Accounts for Exchange Rate Differences Before defining the … [Read more...] about How to define accounts for exchange rate differences
How to define accounts for rounding differences and bank charges in SAP FI
You can define a general ledger account for rounding differences through transaction cod OB00 or by using the following path; SPRO > Financial Accounting > Accounts Receivable and Accounts Payable > Business Transactions > Outgoing Payments > Outgoing Payments Global Settings > Define Account for Rounding Differences You need to create your general … [Read more...] about How to define accounts for rounding differences and bank charges in SAP FI
How to define payment block reason in SAP – OB27 and OBBC
You can define a payment block reason with transaction code OB27 or by using path; SPRO > Financial Accounting > Accounts Receivable and Accounts Payable > Business Transactions > Outgoing Payments Global Settings > Payment Block Reasons > Define Payment Block Reasons Payment block reason is used to differentiate the invoices which are blocked for … [Read more...] about How to define payment block reason in SAP – OB27 and OBBC
Transaction Codes Related to Inventory Management
Transaction Codes (tcode) for Inventory Management Transaction Code Description of Transaction code MB00 Inventory Management MB01 Post Goods Receipt for PO MB02 Change Material Document MB03 Display Material Document MB04 Subsequ.Adj.of "Mat.Provided"Consmp. Transaction Code (tcode) Related to Stock TCode Description of … [Read more...] about Transaction Codes Related to Inventory Management