Recon account to be posted to is entered in each customer/vendor master record T F.
Recon account field is found in company code segment of customer/vendor master record T F.
Alternative Recon account are called special g/l account T F.
by using special g/l indicator posting are performed in special g/L Txn. T F.
special g/l classes are down payment bill of exchange others- individual value adj others- guarantee others- interest user defined.
down payments can be used for receivable and payables t f.
processing of down payments is integrated in dunning and payment programs t f.
special gl types automatic offsetting entry free offsetting entry noted items down payment bill of exchange other transactions.
automatic offsetting entry post on the same offsetting account t f.
example of automatic offsetting entry are guarantee of payment t f.
example of noted items are reminder for due payment t f.
noted items are displayed in the General ledger t f.
automatic offsetting entry are posted to general ledger t f.
free offsetting example are bank posting of down payment t f.
free offsetting entry are not posted to general ledger t f.
when open items are cleared, respective automatic offsetting entries are not cleared t f.
automatic offestting entries are called statistical posting t f.
Automatic offsetting entries are shown in notes to financial statements t f.
noted items are reminders for due payments ans hence are displayed in general ledger t f.
only one line item is updated and no offsetting entry is made for noted items t f.
noted items are managed as open items where line item are always indicated t f.
example of noted items are down payment received t f.
transaction figures are updated for down payment request t f.
down payment request cannot be dunned t f.
there are customer and vendor down payment request t f.
there are line item on noted items but does not affect the balance t f.
example of free offsetting entry is down payment received t f.
special gl account for down payment received is displayed in receivables area of the financial statement t f.
free offsetting entry are not part of financial statement t f.
sequence in down payment in customer area 1 2 3 4 5.
individual value adjustment is cleared after the key date for the balance sheets,meaning it is reversed t f.
Special g/l accounts are posted from the application side using special posting keys t f.
SPECIAL G/L TXNS ARE POSTED TO AN ACCOUNT DEFINED IN MASTER DATA t f.
special g/l accounts have been defined as recon accounts for the D or K Type t f.
Line item display and change of screen layout not possible in case of special g/l accounts t f.
it is not possible to provide different account numbers for special g/l accounts t f.
special g/l txns have standard posting keys t f.
Special g/l indicator defines config for special g/l txns and account type t f.
statistical posting is combination of account type and special g/l indicator used t f.
offsetting account is entered manually during the transaction t f.
A clearing account is created with automatic offsetting entry t f.
Recon account field is found in company code segment of customer/vendor master record chart of account segment of the company code.
The account number of the reconciliation account posted to can be seen in FI Document t f.
special g/l transactions are transactions in the accounts receivable and payable,which are displayed seperately in the general ledger and the subledgers t f.
if subledger account assignments are made using special g/l indicator,the postings are performed on alternative reconcilation account t f.
bill of exchange are used to deal country- specific particularities t f.
Options to process special g/l transactions re available in standard menus for account receivable and payables t f.
Automatic offsetting entries are not included in the notes to financial statements t f.
example of automatic offsetting entry are guarantee received t f.
Guarantees of payment made are displayed in the notes but not guarantees received t f.
_________are special g/l transactions with informational character.
Payment and dunning program can access noted items for further processing t f.
offsetting entry is made in case of guarantee payment made guarantee received noted items automatic offsetting entry down payment request free offsetting entry.
noted items are found in the line item list t f.
down payment request results in balance of the customer account t f.
____are special g/l transactions which create proper postings in the general ledger. guarantee payment made guarantee received noted items free offsetting entry automatic offsetting entry down payment request.
G/L account for offsetting entry is defined in customising t f.
A down payment made by customer prior to the performance of service is displayed in receivable are of financial statement payable area of financial statement.
The down payment must be __________ or _________ after generation of ______ deleted,archived,financial statement transferred,writtenoff,invoice transferred,written off, financial statment deleted,archived,invoice.
bank account credited for incoming down payment may not be same as normal receipt of payment t f.
incoming down payment updates following accounts subledger of customer account alternative recon account bank account down payment request accout.
down payment is no longer considered as one when ______is posted.
special g/l transaction for individual value adjustment is used when reveivable is disputed receivable is doubtful receivables are uncollectable.
the special g/l transactions in the standard system are assigned to posting keys 09,19,29 and 39 10,29,39 and 49 29,39,49 and 50.
pick the correct one(s) SPL G/l posting key 09 and 19 is for customer debit and credit SPL G/l posting key 29 and 39 is for vendor debit and credit.
_______indicator indicates that the posting is used for special g/l transactions.
The characteristics of each special g/l indicator are defined in connection with the account type t f.
special g/l indicator properties are account balance updation credit limit check for customers warning against commitments target special g/l indicator special g/l class posting key.
The alternative special g/l account is saved seperately in account determination for each chart of account t f.
The system proceeds from the recon account of master record of customer/vendor and assign special g/l account defined in the account determination during posting t f.
|
