on 06-12-2009 8:29 AM
Hi,
Please explain which fields are populated when invoice is posted in FI?What field are updated and how one can follow the GL ACCOUNT /CLEARING/REVERSING process in finance.
Thanks.
Sunil
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This message was moderated.
Hi
Flow for vendor
MIGO - Material Dr to GR/IR Cr
MIRO - GR/IR Dr to Vendor Recon A/c Cr
F-53 / F-58 - Vendor Dr to Bank Cr
Check balance in FBL1N
Flow for customer
VF01 - Debtor Dr to Sales A/c Cr
COGS Dr to Material A/c Cr
F-28 - Bank Dr to Debtor Cr
Check Balance in FBL5N
For GL check balance in FBL3N.
Flow for Asset
Acquisition - Asset Dr to Vendor Cr
Depreciation - Dep Exp Dr to Cum Dep Cr
Retirement by selling to customer - Customer Dr, Loss Dr to Asset Cr
(posting for depreciation if depreciation not executed for the period)
Hope this helps, pls inform if you need anything else.
Regards
Vikas Gupta
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