With the help of open item management you can specify a account either to be open or cleared. To get activated open item management in the company code segment of general ledger account line item display needs to be selected. It's a prerequisite for a general ledger account if you need to check whether there is an offsetting for a given business transaction. With the help of … [Read more...] about How to set Open item Management indicator in GL master
general ledger account
Use Of Account Group In A Chart Of Account – SAP FI
If you want a transaction to be recorded in a general ledger account then both the segments of a general ledger master i.e. chart of accounts segment and company code specific segment needs to be defined. You can not do transaction posting to a general ledger a/c if company code segment of that particular GL a/c is not defined. In a chart of account, account group is used to … [Read more...] about Use Of Account Group In A Chart Of Account – SAP FI
How to Delete General ledger Account – Marking for Deletion
General Ledger Accounts can be deleted in SAP if it’s no longer required by the business. Before deleting a general ledger account in SAP there should not be any transaction posting to the GL Account and the General Ledger Master has been marked for deletion. In this article we have show you steps on how to delete general ledger account in SAP Marking of GL Accounts for … [Read more...] about How to Delete General ledger Account – Marking for Deletion
General Ledger Master Data Configuration in SAP FICO
General Ledger master in SAP control the posting of a accounting transaction to General Ledger accounts and then processing it to Profit and loss account and balance sheet. Before you can make postings to a General Ledger account, you have to create these master record in system. General Ledger Master Data Structure in SAP FI General Ledger master records are divided … [Read more...] about General Ledger Master Data Configuration in SAP FICO