Rauf
VIP Member
Please anybody help me to understand how G/L and A/P working.
As far as I know, the procedure starts with Procurement, then A/P then G/L.
- Procurement
P1- Prepare Purchase Order
P2- Record Purchase Order Receipt
-A/P & G/L
A1- Voucher will be created against P2 (Purchase Order Receipt)
A2- The transaction will be grouped to a Batch Number and Batch Type.
A3- Post batch process updates F0411(AP Ledger), then F0911(GL) and F0902(Balance)
The system do the same procedure for AR too.
Please guide me/ correct me if I am not in the correct track.
As far as I know, the procedure starts with Procurement, then A/P then G/L.
- Procurement
P1- Prepare Purchase Order
P2- Record Purchase Order Receipt
-A/P & G/L
A1- Voucher will be created against P2 (Purchase Order Receipt)
A2- The transaction will be grouped to a Batch Number and Batch Type.
A3- Post batch process updates F0411(AP Ledger), then F0911(GL) and F0902(Balance)
The system do the same procedure for AR too.
Please guide me/ correct me if I am not in the correct track.