Hi,
I would like to have better understanding on the relation between these 2 settings:
Let say, my system's setting is as follows:
OB53: X - GL 99999
FS00: GL 89999 (P/L GL) marked with account type X
Other GL's, like Bank: 11300, Expenses (Water): 416300
Initially, I started up my business with capital EUR200
Let say, my current year transaction is payment of water EUR100 (one expense), and does not have other revenue / expense.
Therefore, my current year Profit and loss account should be, loss of EUR100.
My balance sheet in EUR, should be as follows:
Asset:
Bank: 100
Liability:
Capital: 200
Loss: (100) - retained earning
My question, how should the system make use of GL99999 and GL89999?
Anything to do with Tcode: FAGLGVTR?
Thanks in advance.