Reclassify vendor liability to GL account (Polish requirement)

[vijayendra_rao]

Hey All,

I have a requirement where the client needs separate GL accounts for assets vendors vs regular non-asset vendors. We need to book fixed asset in a separate GL account for balance sheet reporting. So, I am looking for a report that will reclassify the asset vendors liability to a specific GL account and then reverse this posting as this is required only for legal reporting purpose.

The report FAGLF101 is supposed to carry out such reclassification and reverse postings but I am not sure how the report works.

Thanks for time!

[vijayendra_rao]

Report works based on account determination (reconciliation account, mapped to target & adjustment account) defined in FBKP in Sort Payables/Receivables. Account determination is required for each valuation area or report gives account determination per valuation area error.