Go Live Account

[sagar_kapadia]

After uploading Data into the SAP system,

For eg. I uploaded Cash balance

So the entry in SAP is :

Cash a/c DR 100

To Go Live A/c 100

Is there some way, wherein this Go Live should not appear in balance Sheet in SAP? or can this Gol Live a/c showing credit balance be zeroised so that it will not appear in Balance Sheet?

[kim_khan]

Hi Sagar

Hope the document I sent to you was useful in resolving the issue and getting the credit from your Clnt.

Rgds

KIM Khan

[madhusoodanan_ramachandra]

Hi,

Please check the link for a brief overview....

Best Regards,

Madhu

[Former Member]

Hi,

You are right, the naming may be Golive Account or GL Op Bal Clearing Account.

Regards

VG

[sagar_kapadia]

Hi,

My concern is: Will this Credit balance of 100 in Go Live account appear in Balance Sheet for that year or can that be zeroised? If yes, then how can that be done?

[Former Member]

Hi

The upload accounts are used to upload the opening balance sheet figures into the system. If you are using a tallied balance sheet (opening) for uploading, for each item in the balance sheet, you will be using the upload account for a debit/credit posting. Hence once you upload all the opening balance figures from the balance sheet, the upload G/L account would balance to zero automaticaly. Isn't it ?