Special GL Indicators

[Former Member]

Hi Experts,

Can you please let me know how can i configure Special GL Indicators at company code Level? PLease give me the configuration steps

laxmi.

[deepa_khatri · Accepted solution]

Hi,

Special GL indicators are used in Down Payments (Vendor/Customer),Noted Items,Bills of exchange.Letter of credits.

We Use Special GL indicator to have clear idea about the total lne items.

We group all the down payments in different groups like DP for Fixed assets/DP for current assets like wise.At the time of posting of DP we select SP GL indicator accordingly.

Special GL indicator configuration tocde is FBKP ,Define recon accont and SP gl here .

thanks

Deepa

[Former Member · Accepted solution]

hi how r u

how iws ur icwa exams

[Former Member · Accepted solution]

hi how r u

how iws ur icwa exams

[Former Member]

thanks

[Former Member]

closed.

[Former Member]

3.3.5.1 Define Reconciliation Accounts for Customer Down Payments

Menu Path IMG Financial Accounting  Accounts Receivables and Accounts Payable  Business Transactions  Down Payment Received  Define Reconciliation Accounts for Customer Down Payments

Transaction Code OBXR

Input Considerations Specify the number of the alternative reconciliation account.

Description In this step, you define an account in which the customer down payments or down payment requests are managed in the general ledger. In the case of down payments or down payment requests, the posting is automatically made to this account instead of to the normal receivables account (reconciliation account).

You need a reconciliation acct- and alternative recon account. You need to do it in FS00.

3.3.6 Down Payments Made

3.3.6.1 Define Reconciliation Accounts for Down Payments

Menu Path IMG Financial Accounting  Accounts Receivables and Accounts Payable  Business Transactions  Down Payments Made  Define Reconciliation Accounts for Down Payments

*Transaction Code OBYR*Input Considerations Specify the number of the alternative reconciliation account.

Description In this step, you define an account in which the vendor down payments are managed in the general ledger. The down payment posting is then automatically made to this account instead of to the normal payables account (reconciliation account).

[Former Member]

hi

Go to Spro - fianancial Accounting - Account Payable & receivable- Business Transaction - Down payment

Here docwn payment for vendor/customer

Spl Gl for Advance purpose, Imprest . tour Advance

U create different Types of Spl GL key

suppose in case

Advance u create A , and double clcik on A

and Enter GL account for Employee Reconcilation Account and Advance Paid to vendor in SPL GL Field in SPRO

if any query revert back

Regards

Roobal

a

[Former Member]

Hi

Special GL Indicators are not defined at Company Code level, but at the Chart of Accounts level. However, the work around is there to use a special GL for a company code also. For eg, there are two company codes, which have the same Chart of Accounts. In such a cash, use different reconciliation ccounts in both the company codes. Then may be you can use a Special GL for a particular company code.

Thanks & Best Regards

Sanil K Bhandari

Sanil K

[Former Member]

Hello Laxmi,

Soecial GL indicators can be created at Chart of account level not company code level as suggested above.

[Former Member]

Special G/L indiactors created at client level

But Special g/l indiactors use at COA level

u cannot create at company code level

[Former Member]

Hi,

Special GL indicator is mainly usiing for Customer Down payment and vendor downpayment. U have to set the configuration in OBXR & OBYR t.code for them.

once u set the configuration there, then u have to select the (put tick mark) in Special GL transaction in Vendor and Customer line item dispaly (FBL1N & FBL5N). then it will given the Spl indicator as "A" for downpayment of customer and vendor