technical Interveiw, Currency - Excahnge rate Financial diension set Fiscal year - calender Date Interval Reason code COA - configuration account structure Advanced rule structure What is control account- is also called as summary account. it is a ledger balancing account What is physical cost and finanace cost- Physical cost is (receive the material from vendor but not invoiced. Finance cost means both material received + Invoice) (stock dr: Vendor cr bank or cash credit Costing method - STD / FIFI / Weighted average Year end close process (Transfer balance to next year / opening transaction) Year end adjustment - Closing Sheet
