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Reply from Roy B on Dec 17 at 10:23 AM If you don't have CO-PA you cannot easily track your profitability so you would find some other way of doing it. I never said CO-PA is mandatory but if you do use it you should use it properly. Yes, there are various ways to do that and a company can decide for itself, but it is not a good idea to use a misleading method. That is all I have to say on the matter and I am not prepared to enter into a long debate about it so I am ducking out of this thread here and now.
Regards,
Roy
| | | ---------------Original Message---------------
From: Sridhar Shrinivasan
Sent: Friday, December 16, 2011 5:12 PM
Subject: Credit Note without Posting in COPA
Roy,
What if I don't have COPA- does that mean I am not following accounting practice. CO-PA is for internal reporting only.
I can pass only revenue and stop there or go up to Net profit - it all depends on what the controller expects.
Sridhar |
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