ERP CRM

The date entered here consider the invoices posted till this

date in the current APP run.

Reconciliation is nothing but a link between gl acccounts and sub ledger.with out this link we can't post directly in sub ledgers. it will not update our gl accounts.

open item management is used to clear the outstandings. in this method we can clear full payment, partial payment, or residual payment.

The next posting date is used in order to check the due

dates of the payables, if an open item is overdue on the

date of next posting run it will include in the next payment

run,

The business effects are, if the overdue items is not paid

the company has to pay interest on the arrears and will not

be eligible to get the discounts on the early payment.

The system sorts the line items according to the content of

the sort key mentioned in the GL master.

For example: In a customer recon. account we enter ('031'

customer number) in Sort key field. So when you run line

item display FAGLL03 - system will display line items SORTED

by customer numbers.

It is used for consolidation. Each of your transaction that

you do with your partner/sister/holding company needs to

have a trading partner. Hence, if you have a specific G/L

account that you solely use when you transact with a

particular company within your group, this will default

your transactions to that company.