So we have customer account, we have outstanding balance of the customer and customer address, everything is available here. Hence, right, just generating the letter and sending, so it’s not a difficult job. A simple process. In case of, say, bills of exchange, we have seen bit heavy, [...]
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Here, company is DRLB, sale made to customer. And, when we make the sale, we’ll be receiving the payment, say, 90 days or 30 days, whatever it may be. And what we do as soon as we receive it, we discount the bill of exchange with the banker, and the banker gives me, out of […]
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Right. So, the scenario is advance received from customers. The normal entry, whenever we make any sale, customer account is debited and sundry debtors account also debited. So, customer account returned to sales. So already we have seen that we have established the link between customer [...]
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So, we have, done 5 steps. Number 1 is find, define account groups with screen layout customer. And there, we have created the customer account groups. So just I’ll recap fast. Define account groups for the customer’s this is. Account groups is nothing but for the purpose of say for [...]
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So, master record. So, we have created tolerance groups, document number ranges, and, account groups we have created, 2GL accounts we have created. Then now we are going to create the customer master record. Financial accounting, Accounts receivable. And, see we have created FS002 GL accounts [...]
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First of all, these are the topics which we are going to see. Then let us go through the business process. The general business process in a manufacturing company, it doesn’t mean it’s the same process everywhere, but 90% of the cases. Say, for example, we are going with the Doc Reddy [...]
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So, in F-02 I’m posting. You see document. Company code DRLB. Now here, what I’m doing, I’m posting in US dollars, USD, what is the rate? Here, there are 2 things. Now let me update the rate in foreign exchange rate tables. So first, I can update the foreign exchange. So, [...]
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Next is reference documents. So, reference documents are of 2 types again, recurring document and sample document. And one more thing is also there, account assignment model, but, of course, that is not in use right now. And, a recurring document is a document the nature of which recurs every [...]
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So, for display document. So, what are the entries that we have posted? We can see with FB03. There are two options. One, here we give our company code, DRLB, fiscal year, 2013. See, I can give number here. I can look at the particular document. And, if you want to see the line item, […]
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So, after completion of all configuration, so we have even created a controlling area for DRL. And we can even post accounting entries. So, let me create few GL accounts in DRL and then we’ll post an accounting entry. So previously, we created the DRL group, DRL company. Now I want to [...]
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