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special gl

Hi SAP Gurus

What is special GL , How many Special Gls we can use in implementation

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  • Posted on Sep 13, 2010 at 11:47 AM

    Hi Ramesh,

    Let me explain you with a Vendor

    Normally vendors are called as Sundry Creditors, this is the main ledger account. When you have a vendor with normal transaction this main ledger is affected in normal process.

    Suppose if you are paying some advance to this vendor, so our books has to record his transaction in Current Assets group rather Sundry Creditors. Suppose you are not using the alternate reconciliation means, the entire balance of the vendor will be a set off balance which will not help the users to have broader view.

    In order to report all the special transactions we are having this alternate reconciliation account with some special indicators, so in FI reports you can see very clearly which transactions are advance, Deposits etc.... and the same will be accounted in different ledgers.

    Mostly used will be, A - Advance payment/Receipt , F - Down Payment request, H -security Deposits, R -Retention money. You can use 0-9 and A- Z for defining a Transaction, so how many possible Special transaction you have you can use between these letters and numbers.

    thanks and regards

    Praveen.J

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  • Posted on Sep 13, 2010 at 11:47 AM

    HI

    Special GL postings.

    If you want to post few postings in different GL temparory then please use the SP GL functionality.

    After some time you can clear those SP gl entries.

    For example : Advance payment to vendor is called SP GL entry.

    Once you got the Invoice then you can clear the Advance against Invoice.

    you can you sp gl indicator A and also configure the SP GLs

    like Bills of exchange etc.,

    please refer the tcode OBXR and OBYR.

    Reg

    Madhu M

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