Global Bike's sales department uses the invoice date as the document date for aging invoices. The posting date is used to post transactions to the general ledger. There are four types of documents mentioned: incoming invoices to collect outstanding bills, purchase orders to commit to future purchases, material documents to track inventory receipts and issues, and accounting documents to record financial transactions. When clearing general ledger accounts, the user selects which accounts to include and the system processes the clearing for those accounts. A positive total amount on a payment transaction means payment exceeded the invoice amount while a negative total means payment was less than the invoice.
Global Bike's sales department uses the invoice date as the document date for aging invoices. The posting date is used to post transactions to the general ledger. There are four types of documents mentioned: incoming invoices to collect outstanding bills, purchase orders to commit to future purchases, material documents to track inventory receipts and issues, and accounting documents to record financial transactions. When clearing general ledger accounts, the user selects which accounts to include and the system processes the clearing for those accounts. A positive total amount on a payment transaction means payment exceeded the invoice amount while a negative total means payment was less than the invoice.
Global Bike's sales department uses the invoice date as the document date for aging invoices. The posting date is used to post transactions to the general ledger. There are four types of documents mentioned: incoming invoices to collect outstanding bills, purchase orders to commit to future purchases, material documents to track inventory receipts and issues, and accounting documents to record financial transactions. When clearing general ledger accounts, the user selects which accounts to include and the system processes the clearing for those accounts. A positive total amount on a payment transaction means payment exceeded the invoice amount while a negative total means payment was less than the invoice.
Global Bike's sales department uses the invoice date as the document date for aging invoices. The posting date is used to post transactions to the general ledger. There are four types of documents mentioned: incoming invoices to collect outstanding bills, purchase orders to commit to future purchases, material documents to track inventory receipts and issues, and accounting documents to record financial transactions. When clearing general ledger accounts, the user selects which accounts to include and the system processes the clearing for those accounts. A positive total amount on a payment transaction means payment exceeded the invoice amount while a negative total means payment was less than the invoice.
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1/ Global Bike's sales department
2/ On the invoice, the document date will be the date. It is the date which is used for aging purposes, also used for calculating the due date ( based on the terms) and the date is used for calculating discounts. In terms of General Ledger, the Posting Date is the date used to post to it. 3a/ Global Bike's sales department 3b/ Document Date would be the Invoice Date. Document Date is what drives the aging of the invoice. Posting Date is the date the transaction is posted to the General Ledger.
4/ There are 4 sections that need to be mentioned: incoming invoice, purchase orders, material documents, and accounting documents. -Incoming invoice is a document which is aimed for instructing the invoice recipient to pay an outstanding bill is sent by third parties who could be in charge of service providers, vendors, retailers, etc. -A PO, which is a Purchase Order, is an official record issued by a buyer committing to pay the seller for the deal of particular items or administrations to be conveyed within the future. From the seller’s perspective, the buyer is obligated to pay once the products or services have been delivered which, in turn a PO can offer buyers credit without those risks. - Materials (goods) that are issued from or received into inventory are listed in material documents. The documents are created only by Materials Management / Services personnel in each hospital, not by departmental end-users. Every physical movement is referred to in SAP as a "goods problem" or "goods receipt.". For each material movement, a material document and/or an accounting record will be produced.
5a/ When: Select the Chosen things initially dormant checkbox and deselect any things you do not need to be included within the clearing document in case you have got a part of things to expel. After at that point, the exchange will start with all items active. Where: The Financial Accounting module's application component General Ledger Accounting is domestic to the SAP exchange code FB1S (Clear G/L Accounts), which, when executed, dispatches the Documentation FI General Ledger program SAPMF05A. Who: Financial Accounting Department. Why: This transaction is used to clear open item managed general ledger accounts. A similar transaction exists for customer and vendor account clearing. 5b/ Once Total Amount is positive, the payment amount is greater than the invoice one. In addition, the oppiste side can be implied that the payment amount is less than the invoice one, the Total Amount is negative. ADDITIONAL PART - PO status: Completed + Off Road Helmet: 60 EA ((invoice) quantity); 1,500.00 USD (order/invoice value) + Road Helmet: 150 EA ((invoice) quantity); 3,750.00 USD (order/invoice value) - PO status: Created + Off Road Helmet: 60 EA ((invoice) quantity); 1,500.00 USD (order/invoice value) + Road Helmet: 150 EA ((invoice) quantity); 3,750.00 USD (order/invoice value)
