Zero Balance Clearing Account

[Former Member]

Dear Expert

Can somebody explain why 'Zero Balance Clearing Account' is required with a suitable example?

Regards

MG

[Former Member]

Lets say you have specified profit center as a document splitting characteristic in GL, with the 'zero balance' checkbox checked. When you set the indicator, the system checks during posting whether the balance (of debits and credits) for a profit center is equal to zero. If this is not the case, the system generates in the document additional clearing lines on clearing accounts that achieve the zero balance. To enable the system to do this, you have to define a Zero-Balance Clearing Account.

[raymond_moynihan]

Hello MG

Zero balancing account is usually defined as Balance Sheet account

because it can not be labled as expense or revenue. Also this account

is to replace the account which used to be posted by closing activities

such as SAPF180, SAPF181. These closing accounts are s normally classified

as balance sheet account.

Zero balance clearing account is treated in a different way compared to

other accounts.

I think 'Line Item Display' flag is set for this clearing account in

master data (SKB1-XKRES). For zero-clearing items in General Ledger

view, there is no corresponding BSEG items in Entry View, because

zero-clearing items are created as a result of document split and

document split is only visible on General Ledger view. 'Line Item

Display' flag is only relevant for line items that are on Entry view

and all items on General Ledger view are written to NewGL tables

regareless of this setting. If 'Line Item Display' is flagged on, this

means that FAGLL03 also requires corresponding BSEG entries to exist

which is not the case for zero balance clearing account.

regards

Ray