Difference between JE and JE Reversal

How can i differentiate between a Journal Entry and its Reversal Entry.

Hi Syed,
Journal Entry
A journal entry, in accounting, is recording transactions into accounting journal items.
The journal entry can consist of several recordings, each of which is either a debit or a credit.
The total of the debits must equal the total of the credits.
Reversal of Entry
It is nothing but another Journal entry;
Reversal Journal entry is just making opposite entry of the original entry.
The debit item in the original entry becomes credit item in the reversal entry and vice versa.
For example:
If the original entry is "Fuel for vehicle   Debit 10,000
                                Gas Company                           Credit 10,000"
The reversal Entry would be either
                                  "Fuel for vehicle   Debit -10,000
                                Gas Company                           Credit -10,000"
Or
                                  "Fuel for vehicle   Credit 10,000
                                   Gas Company                           Debit 10,000"
Hope you are clear now,
Regards,
JO

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What is the difference between RFX and Reverse Auctions.

Hi friends
What is the difference between RFX and Reverse Auctions? Is Reverse Auction a tool.
Can we perform Reverse Auctions in Live Auction cockpit.
Regards
Surya

A commonly used term in bidding is RFx. This is a generic term
used to describe different types of requests. RFx includes, for example,
Request for Proposal (RFP), Request for Quotation (RFQ), Request for
Information (RFI), etc.
Reverse auctions include many of the same features as Bid Invitations, including (but not limited to) the following:
Copy with reference
Auction search
Open Catalog Interface
Internal / external attachments of any type
Customer fields
Error log
Change log
Template management
Business partners at line level
Workflow approval of bids
PO / Contract creation (via Bidding Engine)
XML export
Yes you can perform reverse auctions in live auction **** pit
Thanks
Ravi

ABST2 - Differences between Assets and G/L accts

Hi Experts
We are working on ECC 6.0 and INR is our local currency.
At the end of FY 2007 by mistake direct postings were made to Dep Fund Account which is a Recon a/c and FY 2007 was closed
And because of which FI-GL and FI-AA doesnt match by INR 37353.71 (amt posted in above doc) as shown in ABST2
I've referred SAP notes 104567 & 69225 and found the note 69225 relevant to follow as the difference has not resulted in the current or open years.
So we have passed direct entry which is exactly the reversal of entry posted above using ABF1 (INR -37353.71)
After posting the 2nd document, in ABST2 another line has appeared of INR -37353.71. Although the sum for my recon GL is now zero.
The output of ABST2 is as below now -
Sc Acct no.   BusA Year SG 1st local difference LCurr Doc.no.    Period
AS 31100                2009               37,353.71-        INR     W004
AS 31100                2009               37,353.71         INR     W004       999
When I come out of ABST2 , addition to 1st, error no 2 is also coming which I thought would disappear.
1.Differences between assets and G/L accts in the balance carried forward
     Message no. MQ555
2.Differences between assets and G/L accounts at the key date
     Message no. MQ557
Is still something else needs to be done?
Or can I move ahead as the summation of the difference is now zero?
Please suggest.
Kapil

We referred to SAP and they suggeted that the tagging of W004 in both the lines means that now there is no error even system prompts it as error.
So we continued with the transactions and after closing the FY 2009, today when we run ABST2, we dont get any error messages as there is no difference left between Assets & GL.

Difference between billing and invoice?

Hi all
can anybody say Difference between billing and invoice?
thanks

Hi Ipsit,
Invoice is document indicating to delivery goods and Billing is a receipt of payment
Tables are VBRK & VBRP. For flow, go to transaction VF03, enter document number and hit 'Display Document Flow' button on toolbar
VBRK and VBRP holds billing/invoice details..
Billing Document:
Generic term for invoices, credit memos, debit memos, pro forma invoices and cancellation documents.
The tables are VBRK and VBRP.
2) -- once u do PGI the delivery document will be created. There is no way to stop it.. The thing u can to do go to the list of created deliveries in VL09. Select the delivery doc which u created. There u have the option of reversing the goods or canceling it.
Billing is generic term and u can say invoice is a type of billing document.
After PGI only way left is to cancel it by Using TCODE MBST as this Tcode is used to cancel any material document.
Please Reward If Really Helpful,
Thanks and Regards,
Sateesh.Kandula

Difference between billing and invoice? How to stop PGI?

can u please help me in these questions.
Difference between billing and invoice? How to stop PGI?

Invoice is document indicating to delivery goods and Billing is a receipt of payment
Tables are VBRK & VBRP. For flow, go to transaction VF03, enter document number and hit 'Display Document Flow' button on toolbar
vbrk and vbrp holds billing/invoice details..
Billing Document:
Generic term for invoices, credit memos, debit memos, pro forma invoices and cancellation documents.
The tables are VBRK and VBRP.
2)-- once u do PGI the delivery document will be created . there is no way to stop it .. the thing u can to do go to the list of created deliveries in VL09.. select the delivery doc which u created.there u have the option of reversing the goods or canceling it.
let me know if i am wrong...
thanks,
madhan
Message was edited by:
madhan n

Difference between Distribution and Assessment cycle

Hi,
Can any one help me regarding the above(Difference between Distribution and Assessment cycle)
Thanks in advance
Rajani

HI,
Assessment:
Assessment was created to transfer primary and secondary costs from a sender cost center to receiving controlling objects. During assessment, cost centers or business processes can be used as senders .n The receivers for an assessment can be a cost center, WBS element, internal order, cost object, or a
business process. You can restrict the number of receiver categories in customizing. n Primary and secondary postings are allocated at the end of the period by means of the user-defined
key.
n During assessment, the original cost elements are summarized into assessment cost elements
(secondary cost element category = 42). As the system writes fewer totals records, the assessment
has a better performance than periodic reposting and distribution.
n Line items are posted for the sender as well as for the receiver, enabling the allocation to be recorded
exactly. The system does not display the original cost elements in the receivers. Therefore,
assessment is useful if the cost drilldown for the receiver is not important, for example, as in the case
of the allocation for the "cafeteria" cost center.
n Similar to distribution, the partner is updated in the totals record during distribution.
n You can reverse assessments as often as required.
n You use the Cycle -Segment method to define sender-receiver relationships.
Distribution:
Differences between periodic reposting and distribution are due to information content and
performance.
n For periodic reposting, no separate credit record is written on the sender for the cost element in the
summary report. Instead, the totals record for the cost element is reduced on the debit side, which
means that the original debit amount can no longer be checked there ("unclean credit"). However,
during distribution, the system writes a totals record for the credit ("clean credit"). The information
on the receiver is the same for periodic reposting and distribution ("clean debit").
n Compared with periodic reposting, during distribution, the system also updates the partner in the
totals record for the sender. This means that the partner can be displayed in the information system
on the totals record level.
n As fewer totals records are written during periodic reposting, performance is better than during
distribution. See customizing for an example with figures that illustrates this aspect. Under utilities,
make settings for the SAPscript text display, then call up the text by choosing Periodic reposting,
Distribution, or Assessment from the menu.
Regards,
Meenakshi

DIFFERENCE BETWEEN ASSESSMENT AND DISTRIBUTION

Dear Friends,
What is the main difference between Assesment and Distribution?
Thanks in advances.

Hello,
Please follow the forum rules
1. No capital letters
2. Search before posting
DISTRIBUTION =========== Distribution was created for transfer primary costs from a sender cost center to receiving controlling objects. During distribution, only cost centers or business process can be used as sender. A distribution receiver can be a cost center, WBS element, internal order, cost object, or a business process. You can restrict the number of receiver categories in customizing. Primary Postings (such as, energy costs) are collected on a cost center, and allocated at the end of the period by means of the user-defined key. You can only distribute primary costs. During this process, the original cost element remains the same. Line items are posted for the sender as well as for the receiver, enabling the allocation to be recorded exactly. You can reverse distributions as often as required. You use the Cycle-Segment method to define sender-receiver relationships. PERIODIC REPOSTING ================= Differences between periodic reposting and distribution are due to information content and performance. For periodic reposting, no separate credit record is written on the sender for the cost element in the summary report. Instead, the totals record for the cost element is reduced on the debit side, which means that the original debit amount can no longer be checked there (u201Cunclean creditu201D). However, during distribution, the system writes a totals record for the credit (u201Cclean creditu201D). The information on the receiver is the same for periodic reposting and distribution (u201Cclean debitu201D). Compared with periodic reposting, during distribution, the system also updates the partner in the totals record for the sender. This means that the partner can be displayed in the information system on the totals record level. As fewer totals records are written during periodic reposting, performance is better than during distribution. ASSESSMENT =========== Assessment was created to transfer primary and secondary costs from a sender cost center to receiving controlling objects. During assessment, cost center or business processes can be used as senders. The receivers for an assessment can be a cost center, WBS element, internal order, cost object, or a business process. You can restrict the number of receiver categories in customizing. Primary and secondary posting are allocated at the end of the period by the user-defined key. During assessment, the original cost elements are summarized into assessment cost elements (secondary cost element category = 42). As the system writes fewer total records, the assessment has a better performance than periodic reposting and distribution. The system does not display the original cost elements in the receivers. Therefore, assessment is useful if the cost drilldown for the receiver is not important. Similar to distribution, the partner is updated in the totals record during distribution You can reverse assessments as often as required. You use the Cycle-Segment method to define sender-receiver relationships. Regards, Ravi

What are the Difference Between "Rfx" and "Auction"?

Dear SRM Experts,
I am MM consultant; new to SRM.
I am trying to prepare list of difference between "RFx" and "Auction" for better understanding of the subject. I am able to see some differences, for example,
1. In Auction "Weights and Scores" tab is not available, where as this facility is not available in RFx?
(I hope this observation is correct?)
WHAT IS THE EXACT LIST OF DIFFERENCES?
Ganapathi

Hi,
In RFx there are three option
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RFQ- Request for Quoation
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There are two types is Live Auction and Reverse Auction
In Rfx the time limit is in days -Start date and End date
In Auction the time limit is in Hours or minutes - Say 30 minutes or one hour
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In Auction -you can change any minutes or sec because it is a live auction
In RFX . you cannot able to see the price of the competitor
IN Live Auction -you can see the price of the competitor and you can bid.
Normally after RFX only the supplier wishes he can convet to LIVE AUCTION to get the better price.
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All the vendors are good. inorder to get the price advantage the supplier will convert the RFx into Live auction .
In that the supplier will get the prices say close to Rs 90 /- because of Live auction.
Regards
Ganesh Kumar .G

Difference Between Normal and External Context Mapping

Hi,
I wonder the Difference Between Normal and External Context Mapping.
I1ve already read the docs and articles but I didnt understand.
Thanks,
Jorge Luiz
Edited by: Jorge Castro on Oct 9, 2008 4:23 PM

Jorge,
With this type of Mapping (also called Reverse Mapping) you can map the context of an using component, to that of the used component.
You can find an example of this concept in WDA ALV: If you look at component SALV_WD_TABLE (which you declare as used when you intend to use ALV), you'll see that it has a node DATA declared as external. In your using component, you map your actual data node to this node.
This allows the ALV to leave the DATA node type open and so to be reused, adjusting it's structure depending on the using component's data.
Edited by: Alejandro Bindi on Oct 9, 2008 4:42 PM
Made a mistake! Have not used this in a while...Ext. mapping is the OTHER way...Using -map-> Used Fixed.

What is a difference between MB01 and MBST for GR Cancellation

Hi,
What is a difference between MB01 and MBST for GR Cancellation.
Regards,
Aditya

Hi,
MB01 is used for doing the GR for collective PO at a single instance.
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MBST:-
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Prerequisites:-
A previously played transaction that requires cancellation.
An existing Material Document in SAP.
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Performing this transaction will "undo" a previous transaction by reversing individual line items in a material document or by reversing an entire material document. This transaction will reinstate the affected cost center, purchase order or stock location to the state they were in prior to playing the original transaction.
Regards,
Archit

Difference between CO88 and KO88?

Hi All,
1. Any difference between CO88 and KO88 transactions(Please explain clearly)?
2. Found one <b>REVERSE</b> menu item in the menu bar in both transactions. What is the purpose?
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Any help will be appreciated.
Thanks
Rocky

KO88 allows you to settle production orders one at a time. You specify the order number
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We use CO88 in the background as an overnight process and then use KO88 if orders needed correction and settlement individually (no point in running the entire plant to get 1 order)
KO88 and CO88 should both be tested when new processes are created.
Althea

Difference between 0recordmode and 0storno

Can somebody explain me the difference between 0recordmode and 0storno?

hi
0recordmode is used in ODS for updating.
Follow this link
https://www.sdn.sap.com/irj/sdn/collaboration
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N Ganesh

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What is the difference between null and NULL?
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Thanks,

veryConfused wrote:
There is a null in java, but no NULL. null means no value. However, when assigning value, the following is different:Although the empty String has no special role. Null means, the referential type is not assigned (doesn't refer) to a specific object. The empty String is just another object though, so seeing it or pointing it out as something special when it actually isn't at all (no more special than new Integer(0) or new Object[0]) just adds to the confusion.

Difference between GUI_UPLOAD and WS_UPLOAD

Hi,
Please make me clear about the difference between GUI_UPLOAD and WS_UPLOAD. In which cases we need to use these modules...??
Thanks,
Satish

I would suggest to always use the GUI_UPLOAD. I say this because this is the function module which is used in the GUI_UPLOAD method of the class CL_GUI_FRONTEND_SERVICES.   Really, you should probably use the class/method instead of the function module.
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Regards,
Rich Heilman

Difference between char and varchar, also the difference between varchar2

Hi,
Can anyone explain me the difference between char and varchar, and also the difference between varchar and varchar2...

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2 /
Table created.
SQL> insert into tchar values('krystian','krystian')
2 /
1 row created.
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2 from tchar
3 /
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Example 2:
create table tvarchar(text varchar(10))
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3 where table_name = 'TVARCHAR'
4 /
TABLE_NAME COLUMN_NAME DATA_TYPE
TVARCHAR TEXT VARCHAR2
Best Regards
Krystian Zieja / mob

Difference between JE and JE Reversal

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