CA CMA Syam sundar

 Here are some common SAP T-Codes used for GST (Goods and Services Tax) in India: GST Configuration 1. _FV60_: Configure GST for India 2. _FV61_: Configure GST for other countries 3. _J1G1_: GST Configuration (India) GST Calculation 1. _FV50_: Calculate GST on vendor invoices 2. _FV51_: Calculate GST on customer invoices 3. _FV52_: Calculate GST on journal entries 4. _J1G3_: GST Calculation (India) GST Posting 1. _F-10_: Post GST on vendor invoices 2. _F-11_: Post GST on customer invoices 3. _F-12_: Post GST on journal entries 4. _J1G4_: GST Posting (India) GST Reporting 1. _FBL3N_: Display GST reports 2. _FBL5N_: Display GST certificates 3. _J1G5_: GST Report (India) 4. _GSTR1_: GST Return Report (India) GST Reconciliation 1. _FAGL_FICA_: Reconcile GST accounts 2. _FAGL_FIKS_: Reconcile GST with vendor accounts 3. _FAGL_FIKN_: Reconcile GST with customer accounts 4. _J1G6_: GST Reconciliation (India) GST Payment and Return 1. _F110_: Make GST payment 2. _F111_: File GST return 3. ...

IFRS 9 : Estimation Of Expected Credit Loss For Financial Assets In The Banks Under IFRS 9, the expected credit loss (ECL) is used to estimate the risk of loss due to a borrower's failure to repay a loan or meet contractual obligations. It is directly linked to credit risk, which is the possibility of a loss resulting from a borrower's inability to repay a loan or meet credit obligations. 🟦 Formula For Calculation of ECL The ECL is calculated by multiplying the PD, LGD, and EAD, adjusted by the discount factor for the present value of the expected loss. ECL = PD% *LGD% *EAD *DF% 🟦 Components Of ECL ECL calculation involves 4 key components: ▪️ Exposure at Default (EAD) ▪️ Probability Of Default (PD) ▪️ Loss Given Default (LGD) ▪️ Discount Factor (DF) This approach helps in provisioning for potential losses, ensuring that lenders maintain adequate capital reserves to cover credit risks. 1️⃣ Exposure At Default EAD estimates the total amount at risk at the time of d...