Special Indicator

[former_member666936]

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

[giova10ni]

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

[narasimhulu_konnipati]

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

[former_member666936]

Thanks for the response.

What I gather is that Special Indicators or Special G/L transactions are meant only for sending the corresponding entries into any of the Balance Sheet line items (for example ''Advance to Vendors'') and not for sending entries into Profit and Loss A/c (for example ''Travelling Expenses'').

Regards,

[sanilbhandari]

Hello 8826699745

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