Set up a new account in the profit & Loss for Rent concession

[Former Member]

I have been asked to set up a new account, P&L for rent concession and ensure that this is mapped into the rent line in BW hierarchy.

I would like to achieve this using a reference GL.

Could some help.

Joe

[former_member197269 · Accepted solution]

Hi Joe,

While creating new gl in FS00 there is a filed for group account under consolidation data. Include the group account under which used for rent.

Hope this helps.

Please assign points as way to say thanks

[former_member188826]

Identify what is the account number you are going to create. Because there are restrictions and conventions for creating G/L accounts. Certain ranges is allocated for P&L and some for B/S.

Check with Financial Accounting process owners to give you the account number. If you already know the number, Get the reference G/L account number.

When you go to FS00, enter the new G/L number and click on create with reference icon. Once you are done, Find out in which account group, does the RENT line belong to. You may be able to enter that name of the group through transaction KDH2. Include the new G/L account under this group.

Upload the new Account group hierarchy to BW. This will ensure that the new G/L account is included under the right hierarchy.

[Former Member]

Thank you, resolved, did config in Dev for FX posting, transported to Prod and manually created the GL master in QA and Prod system.

Thank you.