The system sorts the line items according to the content of
the sort key mentioned in the GL master.
For example: In a customer recon. account we enter ('031'
customer number) in Sort key field. So when you run line
item display FAGLL03 - system will display line items SORTED
by customer numbers.
It is used for consolidation. Each of your transaction that
you do with your partner/sister/holding company needs to
have a trading partner. Hence, if you have a specific G/L
account that you solely use when you transact with a
particular company within your group, this will default
your transactions to that company.
Use of this point in GL ac master record if you don't check
this point then the payment document does not treated as
payment and you will get a message"this is not a payment
document" by the system. so to mark the document as payment
document we use this field.
Reconciliation is nothing but a link between gl acccounts and sub ledger.with out this link we can't post directly in sub ledgers. it will not update our gl accounts.
open item management is used to clear the outstandings. in this method we can clear full payment, partial payment, or residual payment.
The date entered here consider the invoices posted till this
date in the current APP run.
Webmaster 22nd of May 2012
Tell us what you feel about ERP CRM Interview Questions and Answers
All comments will be published after review. No login or registration is required to post a comment on ERP CRM Interview Questions and Answers We offer and invite you to submit your valuable comment now; Please be respectful of others when commenting. Insulting others, self-promotional comments, website promotional comments, marketing stuff, SEO Techniques, SMS-style content and off-topic comments will not be approved at this information portal.
So start sharing your thoughts regarding ERP CRM Interview Questions and Answers
Thank you.