In SAP ECC6.0 LE-Transportation, when executing the Transfer Process for the Shipment Cost Document, what accounts are usually posted ?
(only one answer)
A) Debit Expenses Account, Credit Vendor.
B) Debit Expenses Account, Credit GR/IR Clearing Account.
C) Debit GR/IR Clearing Account, Credit Expenses Account.
D) Debit Vendor, Credit Expenses Account.
E) Debit Vendor, Credit GR/IR Clearing Account.
.
(only one answer)
A) Debit Expenses Account, Credit Vendor.
B) Debit Expenses Account, Credit GR/IR Clearing Account.
C) Debit GR/IR Clearing Account, Credit Expenses Account.
D) Debit Vendor, Credit Expenses Account.
E) Debit Vendor, Credit GR/IR Clearing Account.
.
Answer: B
ReplyDeleteThe Accounting Principles dicates the following:
ReplyDeleteDebit a Profit & Loss Account (Expenses)
and
Credit a Balance Sheet Account (GR/IR Clearing)
.