What accurals, prepaid, differs, Invoice and credit note Sap t codes Excel formulas

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Answering questions related to accounting concepts and software

Accruals are expenses incurred but not yet paid, while prepaids are payments made in advance for future expenses
Differed revenue is revenue received but not yet earned, while invoice is a bill for goods or services provided
Credit note is a document issued to reduce the amount owed by a customer
SAP T-codes are transaction codes used in SAP software to perform specific tasks
Excel formulas are used to perform calculations and manipulate data in spreadsheets

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Accepted Answer

Here are some SAP T-codes and Excel formulas related to accruals, prepaids, invoice, and credit notes:

Accruals:

- SAP T-codes: FBS1 (Enter Accrual/Deferral Document), FBU3 (Display Accrual/Deferral Document)

- Excel Formula: Accrued Expense = Expense Amount * (Number of Days Accrued / Total Number of Days in the Period)

Prepaid Expenses:

- SAP T-codes: F-22 (Enter Prepayment), FBL3N (Display Prepayment)

- Excel Formula: Prepaid Expense = Expense Amount * (Number of Days Prepaid / Total Number of Days in the Period)

Invoice:

- SAP T-codes: FB60 (Enter Incoming Invoice), FB03 (Display Document)

- Excel Formula: Total Invoice Amount = SUM(range of invoice amounts)

Credit Note:

- SAP T-codes: FB65 (Enter Incoming Credit Memo), FB03 (Display Document)

- Excel Formula: Total Credit Note Amount = SUM(range of credit note amounts)

These are just some examples of SAP T-codes and Excel formulas related to these financial transactions. The specific T-codes and formulas may vary depending on the version of SAP and the specific requirements of your organization.

What accurals, prepaid, differs, Invoice and credit note Sap t codes Excel formulas

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