Answer Posted / saraswathy swaminathan
Special Purpose Ledger. The word special itself means specific transactions not the usual FI Postings.
Special purpose ledger takes care of tax relevant postings in the April -March Period. It requires that you implement this particular ledger along with the movement types and table groups and then conduct GL postings to see whether the document generated also contain Special GL ledger documents.
The first step is to create table groups which will in turn auto create 5 tables. You check the technical characteristics of the Plan Line Item table (created at number 3) where you identify and modify periods (default is 16,, standard sap needs 13 periods only) and then you click install and set it up to include specific standard types FI-SL RFBU and RGL0 for Actual posting.
Finally you test it by doing a FB50 GL posting, note the document numbers and check document environment to look whether documents in accounting now include Spec. Purpose Ledger.
Highly critical to conduct diagonisis while doing this implementation. Hope this helps
Is This Answer Correct ? | 7 Yes | 4 No |
Post New Answer View All Answers
What are non-fixed characteristics or user defined characteristics? : co-pa
At the time of sap implementation what are the basic details required by CO guy, SD, MM, and PP guy from a FI guy...?
What is Trading partner? why we use this, usually which will come whenever we configure vendor/customer/posting of any invoice etc.
What is an asset class? : fi- asset accounting
What is budgeting? : co- cost center accounting
How do you define key figures in sap system? : cost center accounting
What is an activity type? : co- cost center accounting
What is account determination ? : fi- asset accounting
How do you calculate the due date of a document?
How does the system calculate depreciation? : fi- asset accounting
What do you mean by opening/closing posting periods?
Define depreciation areas? : fi- asset accounting
Explain the configurations required for taxes in sap?
Hi friends, As we all know (Net Present Value)The Currency value decrease every year.How to assign the net present value in asset accounting. If we use that concept say for ex. the asset value is for 10 years.if we use NPV method the asset the asset life willbe less than that na.How to use that? Ram.
Can one chart of accounts be assigned to several company codes?