About General Ledger Account:
General Ledger (G/L) records are utilized to give a photo of
outside bookkeeping and accounts and to record all the business exchanges in a
SAP framework. This product framework is completely incorporated with the
various operational zones of an organization and guarantees that the
bookkeeping information is constantly finished and exact.
Creation Of G/L Account:
You can utilize the T-code FS00 to halfway characterize a
G/L account. Allude the accompanying screenshot.
You can likewise utilize the accompanying way −
In SAP R/3, go to Accounting → Finance Accounting → General
Ledger → Master Records → G/L accounts → Individual Processing → Centrally.
In the field G/L Account, enter the record number of G/L
account and the organization code key and tap the Create symbol as appeared in
the accompanying screenshot −
Alter Centrally G/L Account
The following step is to enter the points of interest in the
Charts of Account.
Account Group:
Account Group decides the gathering for which the G/L
account must be made, for instance, Administrative Expenses, and so on.. Make New G/L Account Group
In the event that the G/L record is to be utilized for
P&L Statement Account, then select this alternative, generally utilize
Balance Sheet Account.
Under depiction, give a short content or G/L account long
content.
Click Create/bank premium and give information in the accompanying fields −
Once the points of interest are entered, click the Save catch to make a G/L account. Presenting on General Ledger:
After you finish the finance run, the following step is to add results to the GL accounts and this incorporates cost focuses. GL posting incorporates the accompanying steps −
- Aggregates together posting-applicable data from the finance results.
- Makes compressed records.
- Performs the pertinent postings to proper GL records and cost focuses.
