1. A company code is an independent balancing entity that copies data like accounts from the global template when created.
2. Segments like profit centers allow operating costs to be sorted and financial statements generated for different business units.
3. Exchange rates can be maintained by currency pairs, time periods, or using a base currency with spreads to calculate indirect rates.
1. A company code is an independent balancing entity that copies data like accounts from the global template when created.
2. Segments like profit centers allow operating costs to be sorted and financial statements generated for different business units.
3. Exchange rates can be maintained by currency pairs, time periods, or using a base currency with spreads to calculate indirect rates.
1. A company code is an independent balancing entity that copies data like accounts from the global template when created.
2. Segments like profit centers allow operating costs to be sorted and financial statements generated for different business units.
3. Exchange rates can be maintained by currency pairs, time periods, or using a base currency with spreads to calculate indirect rates.
1. A company code is an independent balancing entity that copies data like accounts from the global template when created.
2. Segments like profit centers allow operating costs to be sorted and financial statements generated for different business units.
3. Exchange rates can be maintained by currency pairs, time periods, or using a base currency with spreads to calculate indirect rates.
1 Highest level in SAP ERP system Hierarchy Client
2 An independent balancing/legal acctg entity Company code 3 Copy Company Code Function, copies the ff data Definition Global Parameters Customizing tables General Ledger Accounts Account determination 4 Global Parameters includes COA Fiscal Year Co. Code Defaults 5 Objectives EDIT Company code data: Address Data (correspondence) Define Currency Language Key Country Key 6 Use to copy the country specific tables from the country template to CC XX Country installation program 7 You should only run the country installation program in an intial installation and not in upgrade installation 8 Represent separate areas of operation w/in org Business Area 9 Segment Companies are obliged to provide info fin. Results of bus. Seg. 10 Basis for consol function for Fin. Acctg, Company 11 Operating cost sorted according to function. Functional areas 12 Fin. Stmt. By bus area, profit center or segments need to activate document breakdown 13 Identifies a self-contained org. Structure for w/c cost and revenues can be managed/allocated Controlling areas Enables cross-company code cost accounting 14 Assigning more than 1 Co.code to Controlling AREA possible only? Same COA Same fiscal year variant 15 Enables use parallel valuation approaches NEW GL 16 If you use multiple ledgers, you have the option of defining a diff. fiscal Ledger approach year in non leading ledgers 17 SAP Variant principle 3 step method? Accounts approach 18 Can be assigned one or more scenarios or even all 6 at once Leading ledger 19 Defines w/c fields are updated in the ledgers during a posting Scenario 20 SAP Variant principle 3 step method? Define variant Determine values assign variant to object 21 Variant principle is used for? FPF Field status Posting period Fiscal year 22 Start -end periods same ever year Year independent 23 Can vary from year to year Year specific 24 You can defined 16 periods 25 If posting date falls last normal period, u can post to any special period 26 year independent fiscal year can be? Calendar year Non-calendar year 27 Each currency key can have a validity date. 28 Every combination of 2 currrencies you can maintain diff exchange rates Exchange rate type 29 Relationship betweenc currencies must be maintained per exchange rate type Translation ratios 30 Because of inflation.. Translation ratios can be maintained by? time period basis 31 Exchange rate several tools? IBE Inversion (oldest) Base currency Exchange rate spreads 32 Report w/c enables to transfer external market data in file form RFTBFF00 33 Report, data is transferred in realtime using datafeed interface ? RFTBDF07 RFTBDF14 34 Efficient combination of exchange rate tool is? Using base currency for the average M Using exchange rate spreads 35 A translation between two foreign currencies is calculated via base currency, that is combining two exchange rate 36 A base currency can be assigned to an ? Exchange rate type 37 One unit foreign currency is quoted for the local currency Direct quatation 38 One unit local currency is quoted for the foreign currency indirect quotation 39 Maintain exchange rate using TCURMNT advantage relevant exchange rate can be maintained relevant quotation can be maintained worklist is smaller parallel processing 40 Prefix for standard indirect quotation exchange rates "/" Question Answer 1 is a variant contains structure and basic info about GL COA 2 Language in w/c account description are maintained Maintenance Language 3 Definition of COA contains? COA Key Description 4 COA General Info? Maintanance Language Length of GL number 5 COA Controlling Integration? Manual creation of CE Auto creation of CE 6 COA Consolidation? Group COA 7 Req, save newly created GL, Cost Type automatically created Default value cost element category is defined 8 Acct # used for cross-company code reporting if ComCo. Used diff. COA 9 Directory of GL accounts in COA via report RFSKPL00 10 View GL directory w/ coa and co.code specific data RFSKVZ00 11 Info. For an account is summarized in? COA segment 12 COA segment contains Acct # Name of acct Control fields Consol fields 13 Define and change layout of tab pages, u can define? Number of tab pages title of tab pages Field groups layouts for Central processing Co. code specific area 14 The info entered in COA segment for GL acct applies to all Company code 15 Texts entered for COA segment are managed by? ID Language 16 To use accts from the assigned COA in your co.code you must create Company code segment 17 By assigning a _______ to an acct group, you can ensure that accts Number range of all the same type are within same range 18 You must enter___in COA segment, it controls the appearance Account group of the c.code segment of GL acct. 19 Enables to control the display and maintenance of acct. MD Field status 20 These fields are always required entry fields, this status cant be changed Account currency Field status group 21 Fields w/c are ___may contain values and these values still take effect Supressesed 22 The fields displayed in GL acct MD are not only controlled by accnt group but also transaction u use edit the MD. 23 Field status prioritities Hide Display Required Entry Optional Entry 24 If u dont want to use transaction-specific control set the field status Optional for all fields to_______ 25 GL accts assigned to business partner, to record all transactions Reconciliation Account in Subledger 26 All postings to subledger acct are automatically posted to the Reconciliation account 27 Typical recon. Acct AR (D) AP (K) 28 Amounts cannot be posted directly to? Reconciliation acct. 29 Are totals of line item postings on the debit or credit side Transaction figures 30 The field___is a control field in the c.code segment of an acct Line item display 31 For accts with line item display , most important data from postd Special Index table line item is stored in______ 32 You should not activate line item display for: Recon. Account Revenue acct Material stock acct. Tax acct 33 Accounts w/___must have line item display activated Open item management 34 is prereq,if u need to check wheather there is offsetting posting Open Item Management 35 Use open management for the ff. accts Bank clearing acct Clearing acct for GR/IR Salary clearing acct 36 You can only activate/deactive open item mngt if acct has zero balance 37 You can select one of the ff. currencies as Account currency Local currency Foreign Currency 38 Local currency is proposed as acct currency when u create? GL account 39 if the acct currency is local currency the can acct can be posted to any currency 40 If____is selected in MD, transaction figures are only managed for local currency amts "only Balances in Local Currency" 41 Only Balances in Local currency indicator -should For clearing accounts Cash discount GR/IR accts Not set in Recon account.. Usually set in B/S accts 42 Accts w/____as acct currency can only be posted to this currency Foreign Currency 43 Special COA procedure for internal reporting Use group COA Group COA mus be assigned to each operational COA Enter group Acct number in COA segment Use Fin. Stmt version for group COA 44 GL consist of 2 segments COA Segment Country Segment 45 Objects that can be used as alternatives Business Area Profit Center 46 Is posted automatically when profit center is posted. Segment 47 There is no dummy segment posting 48 Segment is derived from the characteristics ___because already exists in various SAP Object Profit Center 49 Using Segments is only officially approved by SAP if Profit Center are being used simultaneosly 50 Document splitting provides the ff options: Manual entry BAdI implementation Defining Substituition rules Standard account assignment 51 Are segments assigned to a hierarchy? Like business area are not assigned to any structure and can be used across company codes 52 The use of segments usually corresponds to the legal requirements 53 Customer and Vendor 2 segments Client level - General Data Company code level - company code specific data 54 Any sales area that wants to do business with a customer has to create ___ Sales area segment 55 Any purchasing org, wants to do business with a vender has to create___ Purchasing Org. Segment 56 Complete customer/vendor acct consist of: General data at the client level Company code segment Sales area segment / Purch. Org segment 57 V/C account master record can be maintained Centrally Separately (For FI). 58 To find incomplete accounts VCMD, 2 reports? RFDKAG00 - Customer RFKKAG00 - Vendor 59 You can prevent creation of duplicate accounts: Use Matchcode Activate automatic duplication check 60 CVMD can be group together under: User-defined group key 61 when create CVMD enter the account group on the intial screen 63 in FI once CVMD is created u can no longer change the account group, if u use ____ in SD Partner roles u can change the account group from ordering address/ship to address 64 For each number range define internal or external Internal Number - assigned by sytem External Number - user who create 65 You enter CV specific data for 1-time CV in the document during ? Posting 66 Is used to control fields displayed in CV MD Account group 67 Layout of CV MD can be affected by : Account group-Specific Control Transaction-Dependent control Company code dependent control 68 Dont use controls set the FS for all fields to --- Optional (lowest priority) 69 If define fields CVMD as ___the CV is blocked for payment if the entry is changed Sensitive 70 If clearing is to be used select___in CV account Clearing Vendor/customer 71 If you set___indicator in invoice creation, can enter info. Payer/payee for C/V not been created "Individual Entries" 72 All items posted to branch acct are automatically transferred to head office acct. 73 If ___field is selected in HO MD , dunning and payment programs use the branch acct instead Decentralized processing AC200 | Document Control No Question 1 A doc. Is saved every posting, remains as complete unit until archived 2 Doc. Is uniquely identified by? 3 Two important keys: 4 Report to create compact doc. Journal in the system 5 Report to find document in the system 6 Control doc. Header & differentiate bus. Transac. 7 Defined at client level and valid for all c.code 8 Document type defines the ff. 9 Orig. doc. Has external number? 10 Doc. Type allows postings to all account types 11 To transfer Billing doc. From billing system. Need these doc types: 12 Payment program uses mostly doc type__for automatic posting 13 Defines the number range for doc # that are to be assigned 14 If __is mapped in the new GL diff. ledgers can use diff fiscal year variant 15 Special setting in customizing for these ledgers 16 This is done to ensure there are no gaps in doc. Assignment in leading view 17 Posting keys are defined at client level 18 Report to find gaps in document number assignment 19 GL account posting keys 20 For customer invoices 21 The field status HIDE cannot be combined w/ fields status REQ. Entry 22 The FSG are summarized in one? 23 If a doc is posted to a subledger acct the FSG of ____is used 24 Since Subledger accts do not have FSG, different posting is mainly by means of different posting keys 25 If doc splitting is used there is also central mandatory field control 26 The same document types are valid for every co.code Answer Document principle Doc # Company code Fiscal year Doc type Posting Key RFBELJ00 RFBUEB00 and RFBUEB01 Document type Document type Number range (for doc #) acct type (permitted for postings) Field Status -- Doc. Header text and reference number Invoice posted w/ net procedure Enter external # of orig. doc. In Reference number field AB RV-- Defualt doc type for SO (Customer invoices) RE--Default doc type for MM (vendor invoices) ZP Document number range Ledger solutions Doc. # ranges are stored in General ledger view number range are assigned to doc types for general ledger view doc type for pure posting in non leading ledger must be assigned to separate number range. RFBNUM00 DR (40) CR (50) Dr (01) CR (50) Field status variant Reconciliation account AC200 |Posting Period No. Question Answer 1 Posting periods are defined in the ? Fiscal year variant 2 During period closing, you open___for closing postings Special period 3 Posting periods can be assigned for every Account types 4 During closing, two period intervals must be open at the same time 5 Authorization object __for authorization for posting period F_BKPF_BUP 6 With NEW GL acctng a 3rd period interval is displayed 7 With the new GL there is option to control more precisely w/c values for w/c acct assginment objects can be posted . 8 Posting periods are opened and closed automatically FALSE 9 No more that two periods can be open at the same time FALSE 10 The authorization group in the posting period variant applies only to authorization for posting in special periods FALSE 11 Posting variant is assigned to ? Company code 12 A posting period variant must contain at least one line with the entry?? Valid for all accounts 13 the account range in the posting period variant consist of?? GL accounts 14 The maximum amts are defined per company code in -----? Tolerance groups 15 In tolerance group you can enter upper limits for the ff. Amount per document Amt per C/V item cash discount a user can grant 16 if users not assigned to tolerance group / default tolerance group " ____" 17 2 views in New GL acctng? Entry view GL view 18 View how doc appears to the doc creator and how it shown in the subledger Entry view 19 Default component of new GL acctng. Segment Profit center Business Area fields 20 Document splitting is only for customers who have to or want to enter a further characteristics on__ B/S 21 Entities defined as____are inherited in non-account assigned posting line Splitting characteristics 22 Also often called online splitting, ensures that the companies can create complete balance sheets for desired objects Document splitting 23 If Doc. Splitting is not activated, no difference in Entry View and GL view 24 Document splitting is____activated in customizing ___ initially, across all clients 25 DS can be activated in client level and deactivated for each Ccode. 26 All company codes of a client can only use ___ document splitting procedure (1) 27 If account assignment object is unique in document it's inherited online in all missing positions Inheritance concept 28 If the position is not provided with the necessary object for any reason then a default value can be set automatically Default account assignment concept 29 using Default value can reduce the data quality 30 If you want to use default acct assignment carry out test w/o default values in order to find possible errors. 31 Document splitting process in 3 steps: Passive DS During clearing, the account assigments of the items to be cleared are transferred to the clearing items Active DS System processes specific doc. Split due to specific rules Zero balance system create new clearing lines to achieve an accurate DS 32 Always set ___if you want to create a financial statement for characteristics, balance of defined entities is then always Zero balance Indicator zero for every posting ensuring entity balancing. 33 Mandatory field indicator 2 meaning: Extension of the field status Check - business process equivalent business transaction variant was selected 34 Mandatory field indicator works in addition to Field status control in ___ and ____ account and postin key 35 Total of all splitting rules of all business transactions Splitting procedure 36 General breakdown of the actual business process Business transaction 37 Predefined BT and modeling of real business process for DS Business transaction variant 38 Is a technical map of posted line items, items that appear within a document /Semantic description for DS Item Category 39 Defines w/c item categories should be spit (item categories to be processed) and the same time defines w/c foundation can be used Splitting rules 1 Allow users to set defaults for fields Parameter ID 2 Using editing options you can: Doc entry Hide unrelevant fields Document display Using List viewer-different display option Open items Line layout displays and posting options 4 All document must balance before they can be posted Document principle 5 In C.Code with___it is helpful if the FY is proposed Year specific Document number assignment 6 Fields in Doc header and line items can be changed Document header Reference # and doc header text Line items --system does not allow the ff Amount Posting key Account fields that would affect Recon. Posting 7 Prerequisites for field changes: Posting period open Line item not cleared Posting debit to customer and credit to Vendor No invoice related credit memo No credit memo from Downpayment No. Question | AC200 | Posting Control Answer 1 GL & CV documents can be reversed by Normal reversal Negative posting 2 System provides function to reverses both? Individual and mass reversal 3 When you reverse, need to enter_____that explain the reversal Reversal reason 4 Control the reversal date is allowed to be different from orig. postingdate Reversal reason 5 Doc. Cleared cant be reversed it must be _____ first Reset 6 Causes system to correct Dr/CR, causes addtl transactional figures Normal reversal 7 Posted amt not added but subtracted from transaction figures of other side Negative posting 8 Requirement for Negative posting Company code permits Negative posting Reversal reason must be defined 11 Condition agreed between business partners for payment of invoices Terms of payment 12 The condition defined 2 offered for invoice payment Due Date Cash discount 13 Enables the system to calculate cash discount Terms of payment 14 To calculate terms of payment system need the ff data Baseline date Cash discount term Cash discount rate 15 You can enter terms of payment in? Company code segment Sales area segment Purchasing Org segment of CVMD 16 Terms of payment defaulted in invoice: If invoice created in Financial Company code segment created in SO management Sales area segment Created purchasing Purchasing management Purchasing Org segment 17 Credit Memo Can be linked to original invoice by entering invoice # in _____ Invoice reference 18 Terms of payment in other credit memos are invalid, to activate payment term on non-invoice related credit memos enter _____ in invoice reference field V 19 Terms of payment basic data: Day Limit Calendar day w/c terms of payment are valid Decription Explantion generated automatically Account type Defines the subledger can be used. 20 Payment control by: Block keys Can be entered in line items and payment terms Payment method Can be entered in line items and payment terms 21 Starting date the system uses to calculate invoice due date Baseline date 22 Rules for calculation of baseline date Defults values from w/c baseline date can be determined No Dafault, document date, posting or entry date Specification for calculating baseline date Fixed day used to overwrite calendar day 23 You can enter up to ____ cash discount period 3 24 To do invoice installment payments? Do not assign cash discount periods Do not assign cash discount percentage Define installment number each percentage rate terms of payment for each installment 25 Depends on global parameters of co.code, Net or gross value Cash discount base amount for each co.code tax juridiction codes pecify w/c value the system to use___ 26 Cash discount amount is entered either ___ by the system using rates in terms of payment Manually or automatically 27 You can still change cash discount after you post______ Invoice 28 Vendor invoice w/ doc type for ____, amount posted in B/S acct is reduced by Cash discount amount Net Procedure 29 Cash discount amount is automatically posted when invoice is posted Net Procedure 30 When the invoice is paid system do clearing posting to____ Cash Discount clearing account 31 If paid after cash discount deadline , the _____ is posted in separate account Cash discount loss 32 Cash discount clearing acct must be managed on an_____ Open item basis 34 Used to store several versions of terms of payment under the same terms of payment key Day limit 35 Which cash discount accounts is used in the net procedure Cash discount clearing account Cash discount loss account 36 Which cash discount accounts is used in the Gross Procedure Cash discount revenue account cash disccount expense account TAX 37 2 taxation types National level (uniformly defined rates) state/jurisdiction 38 The systems calculates sales tax based on ____ and ___ and post it in ___ and ___ Material Location Sales order management Purchasing management 39 For Carrying out tax calculations is assigned to every country Tax calculation procedure 40 Tax calculation procedure contains Order of steps Tax types (condition type) Account/transaction key 41 Used for automatic accnt determination for the taxes Transaction key 42 For USA 2 tax calculation procedure are relevant TAXUSJ - including jurisdiction codes TAXUSX - using external tax package 43 are tax calculations that are valid for the country Condition types 44 Combination the codes of tax authorities Jurisdiction code 45 4 possible levels below national levels State County City district 46 Using tax jurisdiction code involves 2 steps Define the length of individual elements Must be defined in every level 47 You enter __when you post document and this is the main connection to the tax calculation Tax code 48 Tax code is linked in either of the ff: Country key Combination of country key and tax jurisdiction 49 Are assigned to tax types used in tax calculation procedure Tax rates 50 Some postings to GL Accounts must have tax rate of zero tax exempt but need to report the tax authorities Tax exempt transaction --goods issue , goods movement etc. 51 The tax type definitions determines if the base amount is: Percentage included Percentage separate 52 The __should not be set for input tax codes Check indicator 53 To enable the automatic tax account determination you have to assign the ff Posting keys Rules Tax accounts 54 Determine w/c fields acct determination is based on Tax Rules 55 Define tax accounts in field of tax category by entering: < For input tax > For output tax 56 Must be selected if u dont want to post tax manually Post automatically only 57 GL accts have the ff entries in tax category fields: (blank) non tax relevant "-" Posting require input tax "+" posting require output tax "*" require any tax codes "xx" predefined tax codes 58 If __selected you can post to GL acct w/o specifying tax code Posting wihtout tax allowed 59 Cash discount accts need entry in __ field if the system is supposed to post tax adjustment Tax category 60 Deliveries to Non EU countries are exempt from ___customers have to pay ___ w/c equals to _____ 1. Output tax 2. Import tax 3. Import tax 61 Special tax codes Acquisition tax code (post output and input tax w/ same amount) output tax code (tax exempt deliveries in EU, assign tax acct to tax code even no tax is posted Cross company code 62 Involves 2 or more company codes in one business transaction One company code purchases for other CC One company code pays invoices for other cc One company code sells goods to other company codes 63 To balance Dr/Cr systems generates line items w/c are posted to Clearing account 64 Docs w/c belongs to one cross cc transaction are linked by common? Cross-company code transaction number 65 Report to display cross company code transations RFBVOR00 66 Is not distributed between cc according, functions may only be used if not tax relevant or cc form tax taxable entity Tax 67 Tax calculated is always posted to CC of ___ First item 68 Tax must be distributed from the 1st cc to other cc according to expense account, u can do this by? RFBUST10 69 Must be defined in every CC before a cross company code transaction is carried out Clearing accounts 70 Clearing accounts may be: GL, Customer or vendor 71 To reduce number of clearing accounts you can use just once company code as____ Clearing company code 72 Must be assigned to the clearing accounts to identify their account types Posting keys 73 Doc # is a combination of the doc # of the__ First company code Fiscal year Real time integration 1 The ___ of controlling/accounting makes ad hoc valid reporting Real integration 2 Real time integration mostly affects the ff cases. As a result of posting between controlling objects A change result for an accounting object Costs are posted across company codes in cross company code cost accounting 4 The__for real-time integration of CO--FI are defined in customizing, these are assigned to company codes Variants CASH JOURNAL 1 Tool for managing cash that, it supports posting cash receipts and payments Cash Journal 2 Cash Journal you can: Create CJ for each currency Post to CV Ledger accounts Run several CJ per Ccode Choose Random # for CJ (4-alphanumeric) 3 To Set up new CJ for a C.Code fields: Company code 4-Digit CJ Identification and name GL Accounts Currency Document types for: GL Outgoing Payments to Vendor Incoming payments from Vendors Outgoing/Incoming payments to customers 4 To create business transactions make the ff,. Setting Company code Type of business transaction (transaction types D & K cant make entry fields Specify tax code BT Categories: E,R,C,B - you can set indicator to enable GL BT Categories: E and R -You can set indicator to enable tax code Once saved--BT assigned # automatically you can set indicator that blocks BT further postings 6 You can save CJ entries locally in the ____ Cash Journal Ledger 7 You can enter Cash Journal Doc with a ___ Document split 8 CJ can contain several items with diff. (1)__and/or (2) acct assignment relevant to (3)__ (1) Tax code (2) Acct Assignment (3) cost acctng 9 If you use one-time acct in the cash journal , the dialog box for entering 1-time data is called Automatically 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 Need to be cleared for a transaction to be completed A clearing transaction always creates a___ When you use (1)__function enter the (2)____ and select open item to be cleared If total amount of selected open items does not equal the amount of clearing document You can carry out posting with clearing transaction manually or auto using___ Using __ function choose those open items from an account that balance a zero User can clear open items for GL or sub ledger acct with____ The program group items from acct together where they have same entries in the ff: Automatic clearing program does not clear The system automatically fills (1) __for a line item when you post items according to (2) __ entry in Master Record The Line item sorting in line item display and clearing functions is based on ___ 2 basic transaction that you can use to clear open items Clearing credit memo with Open invoice is example of Posting a payment for an open invoice with resulting zero balance Incoming and Outgoing Payment A Manual Payment --Clear open items by----Manually Assigning a _____ A____typically used in AR---Clear open Dr. Amount ? A____typically used in AP---Clear open Cr. Amount ? Manual Payment is processed in 3 steps F-28 - Post incoming payments F-53 - Post Outcoming payments) The Document Header consists of 3 sections: Enter the ff. in Payment header sectio of document header: Ender the ff. Bank data next section of document header Enter the ff. open item selection data next section of document header In processing open items is to (1)__the required line item before you can___(2) Option for activating or deactivating line items and their cash discount In order to perform Manual Cross-company code payments you have to assign a___ to combination of paying Company code and target C OPEN ITEMS Clearing document (1) Posting with clearing (2) clearin document amount System allow you to post differences Automatic payment program Account clearing Automatic clearing program Reconciliation account number Currency Special GL indicator Five freely defince criteria Noted items Statiscal posting, special GL related to B0Ex Down payment if dp clearing item of the same amount alredy postd Items with W/T entries (1) Assignment fields (2) Sort fields Assignment fields Account clearing Post clearing Account clearing Post with clearing Clearing document Incoming Payment Outgoing Payment Data entered in Document header Open item selection Saved Payment Header Bank Data Open item selection Document date Document type Company code Posting Date & Posting period Currency code Exchange rate Date for currency translation Account (GL acct used for incoming/outgoing payments) Total payment amount Bank charges Value date (date used to evaluate position in Cash management) text Assignment number (created by system or manually) Account (Acct # of business partner) Account type Normal Open items and/or Special GL transaction Payment advice note number Other Account (select other acct and process their open items at the same time) Addt'l selection (u can use distribute by age or automatic search, to speed up selection process (1) Activate (2) assign a payment Editing Options --selected items Initially Inactive Double click amount Selection of action menus and function keys Clearing transaction 1 Standard document splitting character 2 Payment method can be entered 3 Using document splitting we can split and display B/S items by various controlling objects 4 In Gross Procedure cash discount is accounted at the time of clearing the account 5 Standard splitting method provided by SAP is 6 Conditions for document change 7 every installment of an installment plan must have its own terms of payment 8 Steps in document splitting 9 Document splitting is activated for each client and de-activated for each company code 10 In document splitting, balance sheet line items are split according to P/L line items 11 If all posting lines must be assigned to segment or business are or profit center we have to use --Document Splitting 12 Document change rules as per 13 Basic data required for terms of payment 14 Posting key are assigned to clearing account to identify their account types 15 A cross company code transaction involves at least 2 document 16 Cross company code transaction may have different currency 17 Document no. combination in cross company code are. Of first C.Code 18 Conditions for Negative Posting 19 Terms of payment is copied to FI when invoice is posted in SD or PM 20 No terms of payment is valid for other credit memos base line date is the due date. Profit Center Segment Business area In terms of payment In line items In an account 12 Posting period should be open Line item should be open Line item a credit balance in a vendor account Line item a debit balance in customer account Active Splitting Passive Splitting Creating clearing lines If all posting lines must be assigned to segment or business are or profit center we have to use --Document Splitting Document Type Transaction Class Company Code Description Day limit Account Type Document number Company Code Fiscal year Company Code should permit Document type allow negative posting Reversal reason should be defined