what is alternative gl account and what is the use of this briefly explain? Hi

what is alternative gl account and what is the use of this
briefly explain? Hi sap gurus can anybody provide the
answer to same

Question Posted / guest

3 Answers
24150 Views
Wipro, I also Faced
E-Mail Answers

Answers were Sorted based on User's Feedback

what is alternative gl account and what is the use of this briefly explain? Hi sap gurus can anybo..

Answer / guest

Hellow dear Ali, i got answer for the same
see alternative gl a/c means GL a/c from legassy system of
country chart of a/c & not special gl a/c ?

ok bye
rgds,
janardhan

Is This Answer Correct ?

17 Yes

4 No

what is alternative gl account and what is the use of this briefly explain? Hi sap gurus can anybo..

Answer / cherry

the alternative gl account means non-sap gl account no related to the that account or it is country chart of gl account.

Is This Answer Correct ?

2 Yes

0 No

what is alternative gl account and what is the use of this briefly explain? Hi sap gurus can anybo..

Answer / ali

ALTERNATE GL ACCOUNT OR SPECIAL GL ACCOUNT SHOWS IN GL AND SUB LEDGER, ALTERNATE GL ACCOUNT HELP TO TRANSFER AVAILABLE AMOUNT TO GL ACCOUNT (RECONCILIATION A/C)
SEE EX:- WHEN PAID DOWN PAYMENT ENTRY IS
ADVANCE TO VENDOR DR
TO BANK A/C
HERE ADVANCE TO VENDOR IS ASSET A/C THAT MEAN WE CANT ENTER THIS VENDOR RECONCILIATION BECAUSE VENDOR RECONCILIATION (SUNDRY CREDITOR) IS LIABILITY ACCOUNT THAT IS WHY WE HAVE TO CREATE ALTERNATE RECONCILIATION ACCOUNT AFTER PURCHASE INVOICE WE HAVE TO TRANSFER THE AMOUNT FROM ALTERNATE RECONCILIATION TO RECONCILIATION ACCOUNT

Is This Answer Correct ?

11 Yes

15 No

Post New Answer

More SAP FI-CO (Financial Accounting & Controlling) Interview Questions

How are exchange rates maintained in sap?

0 Answers

if i want 10 payment instalments(OBB8 & OBB9) how to do in payment terms?

3 Answers Patni,

what do you mean by the tolerance group?

0 Answers

What is the Basic Difference between Assessment and Distribution.