Documente Academic
Documente Profesional
Documente Cultură
Cont
Sales Tax
Calculation procedure
+
Basic
Excise
xxx
xxx
xxx
Debit
Credit
800000
800000
Cumulative
800000
If the 2nd Entry 300000 is wrongly entered in equity share capital Actual
entry in preference share capital.
Reversal A/C
1. Equity share capital A/C Dr 300000
To Cash A/C
300000
2. Cash A/C Dr
300000
To preference Share capital 300000
(Or)
Rectification Entry
Equity share capital A/C
To Preference share capital A/C
300000
300000
Debit
300000
Credit
Cumulative balance
500000
500000
500000
Centrally
Account Currency
Tolerance group
Open item management
Line item display
Short Key
Field status group
100100 to 100199
100000 to 100099
Current Assets
200100 to 200199
Change the Account group to Current Assets & Loans and Advances
Change short text to cash account
Change G/L Account log text to cash account
Select create/bank/Interest tab
Change the field status group G005 (Bank Accounts)
Select relevant to cash flow check box
Select save button (or) (ctrl + s).
To give the list of Accounts created
Select drop button beside G/L Account No. (Or) (T. code OBD4)
The screen is called as Match code.
Give the company code AML
Enter
It gives the what Accounts that are created.
Posting of Transactions
Path: Accounting Financial Accounting General Ledger Document entry
General posting (F-02)
Document date: Party bill date F4 Calendar.
F2 - Selection of date.
Posting date : Server date, Ledger updating based on posting date period comes
automatically.
Ref Party Bill No
Document No:
Type: SA
Company code: AML
Currency INR
To differentiate between debit and credit
You are using posting key
Posting key (PST Key)
Display Ledger
8
Select /AML
Select save button
Go and see the G/L Account Path FS10N
Select G/L Account No. 200100 (cash account)
Company code AML
Fiscal year 2006
Business area - AMH
Select execute button (or) F8
Double click on cumulative balance
Accrual/deferred document
a. Creation of 3 G/L Accounts
i) Salaries A/C
Personnel cost
ii) Rent A/C
Administration
iii) Outstanding expenses Current liabilities & provisions
b) Define reversal reason and reversal reason should allow us to reverse on any day.
c) Creation of accrual/deferred document
One provision is today date and one for month ending date.
24/07/06 - Rent
31/07/06 - Salaries
d. Reversal of accrual/Deferred documents
Creation 3 G/L Accounts:
In this case first to check Accounts groups for giving Account group
Give the Transaction Code OBD4
Select position button
Give the chart of Accounts AML Enter.
Note down personnel cost range 400400 to 400199
Note down the range for administration 400300 to 400399
Note down the range for current Liabilities & provisions 100500 to 100599
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12
Reversal Entries
Define: Reversal reason and reversal reason should allow is to reverse on any day.
Path: SPRO Financial Accounting General ledger accounting Business Transactions
Adjustment posting/Reversal Define reasons for reversal (T. code: FBS1)
Select new entries button.
Reason is 41 (Text field).
Give the text accrual/deferral document.
Give the document date: 28.07.06
Type: SA
Company Code: AML.
Reversal reason: 41.
Reversal date: 01.08.2006.
Posting Key: 40
A/C No: 400300 (Rent Account).
Enter.
Give the amount Rs. 10000/Business area AMH
13
Salary Provision
Same Path: FBS1.
Give the document date and posting date: 31.07.06.
Type: SA.
Company code: AML.
Reversal reason: 41.
Posting Key: 40
A/C No: 400100 (Salaries Account), Enter.
Ignore the warning message, Press Enter.
Give the amount Rs.200000.
Business Area: AMH.
Text: Salary provision for July.
Posting Key: 50
A/C No. 100500 (Out standing expenses).
Enter.
Amount: *
Business Area: AMH.
Text: +
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Posting Key: 40
Account No: 400300 (Rent account)
Enter
Amount: 60000
Business Area: AMH
Text: Rent provision for July
Posting Key: 50
Account No: 100500 (Outstanding expenses)
Enter
Amount: *
Business Area: AMH
Text: +
Document Simulate & save
Outgoing payment using residual clearing method
User Transaction code F-07 (Payable amount)
Document date: 31-07-2006
Type: SA
Company code: AML
Clearing text: Out going payment
Account under bank date: 200100 (Cash Account)
Business Area: AMH
Amount: 20000
Text: Out going payment
Account: Under open item selection: 100500
Account type: S default
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Enter
Define transaction ratios for currency transaction
Path: SPRO General settings Currencies Define translation ratio for
currency translation.
This defines the conversion factory between two currencies.
USD
1
Japanese year
100
Europe
1
INR
1
INR
1
INR
1
Once we follow one conversion factory, follow continuously the same for all
the year.
This is at client level
Double click on IMG Activity button
Ignore the message select yes button
Select new entries button
Ext rt: (Exchange rate type)
Select G Bank buying
From: Select USD (American Dollar)
To: Select INR
Valid from: 10-07-2006
Ration (From) 1
Radto (To) 1
Exchange rate: Select B (Bank selling)
From: USD
To: INR
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Postings
When the rate is not given
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|
|
Individual
Reversal of
Accrual/deferral
Document
reverse
Reversal
document
Reversals
|
Mass
Reversal
|
Cleared
items
reversal
|
reversal
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