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What are the Month End Closing Activities in Finance

Mar 31, 2013/0 Comments/in FI (Financial Accounting), SAP SD (Sales and Distribution), SAP Tips & Tricks /by Yaso

Month End Closing Activities in Finance : Closing the Books In financial Accounting

Closing operations recur periodically and can be subdivided as follows

Period-End Closing (Month End closing & Quarter End closing)
Year-End Closing

The closing operations component supports the … Read More

FB70 Customer Invoice

Mar 4, 2013/1 Comment/in FI (Financial Accounting), SAP SD (Sales and Distribution), SAP Training Tutorials /by Yaso

While posting SAP customer invoice (FB70) why system asks for G/L account?
As per double entry book keeping rule:
customer is debited
Customer reconciliation a/c is credited
Why one more G/L account on top of Recon a/c, which is posted … Read More

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What are the Month End Closing Activities in Finance

FB70 Customer Invoice

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