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Special Indicator

Dear Veterans,

Am a FICO user (i.e not a SAP expert). Kindly help me with answer to below -

Can we debit an expense account and credit the vendor account in SAP through a special indicator? For example can I debit Travelling Expenses and credit an employee (vendor) in SAP through a special indicator?

Thanks in advance.

Regards / Mohit

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  • Dear Mohit,

    Special G/L indicators are used for transactions in Accounts Payable and Accounts Receivable. That means when you enter a special g/l indicator in a vendor/customer account the transaction is made using an alternative reconciliation account (not the normal reconciliation account for vendors/customers) Therefore, yes you can use a special g/l indicator for a vendor.

    Regards

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1 Answer

  • Posted on Jul 13, 2020 at 01:59 AM

    Hi Mohit,

    Are you talking about a Special G/L Transaction (Down Payment) or a normal expense posting?

    If it is a Special G/L Transaction, then it is meant for Advance Payments only.

    Please check it.

    Thanks,

    NSK

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    • Hello Mohit Jain

      It is not a problem to use special gl indicator for posting an entry with special GL indicator, as long as accounting impact is correct and it meets what your use needs. I do not see any problem in that. Just fyi, i have used this extensively in my projects to meet various requirements including accruals, travel claims and so many other purposes.

      Thanks & Regards,

      Sanil Bhandari

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