what is alternative gl account and what is the use of this
briefly explain? Hi sap gurus can anybody provide the
answer to same
- 3 Answers
- 22532 Views
- Wipro, I also Faced
- E-Mail Answers
Answer Posted / 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 View All Answers
What is a cost center category? : co- cost center accounting
In sap how input and output taxes are taken care?
What is field partitioning in co-pa? : co-pa
Explain asset class
Is it possible to maintain plant wise different gl codes?
We are are looking to take the IS-Utility payment from the third party software where one API will be called with the variable input parameter (Business Partner/ Amount/ Bill reference number and so on..). and we are trying to post the payment in transaction FPCD cask desk for which we have searched several Functional Module but it do not worked and with BDC recording the transaction we are not able to save. kindly suggest any other payment method and Function Module, to figure out this solution.
what are the challenges you are faced with end users ?
Do you require to configure additional ledger for parallel currencies?
what is credit control management. how to do credit control how to evaluate foreign currency
What is the document change rule? : fi- general ledger accounting
please can somebody help me to configure TAXINN, what are steps involved..
How many ways can you create the asset master record ? : fi- asset accounting
what are the functional specification in AP, APP ?
A finance document usually has an assignment field. This field automatically gets populated during data entry. Where does it get its value?
Change of General Ledger Cost Assignment :- We have two major company codes and plus a minor one. In order to assign intra and inter company costs correctly SAP was set up to assign cost at goods issue to the general ledger account 100000 according to plant. Now we combined two company code into one. Every end of month we must re-class costs out of the plant cost center into the cost center associated with the sales office. It is possible that we directly assign cost to cost center of cost office, how can it be possible? Please tell me how we can make this process easier. Thanks in advance, Manoj
