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Explain the Categories of General Ledger accounts in SAP

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Tax Accounts are exclusively used as tax accounts. The collected tax will be credited into these accounts. While determining these accounts we have to specify the Tax type allowed. Accordingly only the system allows the relative tax type transactions … Read More

Accounts Payable Processing in SAP

Accounts Payable Processing in SAP

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The application component in financial accounting is accounts payable and accounts receivables. The longevity of an organization more or less will depend on their abilities to manage the accounts payable and receivables of the organization. There is no organization … Read More