Scribd Logo
Upload

Welcome to Scribd!

  • G/L Out Going Payments

    Uploaded by

    zafar iqbal
    11 views1 page
    This document discusses setting up general ledger accounts and posting transactions for outgoing and incoming payments. It outlines creating number ranges for payments, tolerance groups for accounts, clearing provision accounts, and viewing balances. For outgoing payments, it involves setting up provision for salaries and salaries expense accounts, posting to those accounts, and clearing the provision account. For incoming payments, it sets up provision for commission as an asset and commission income accounts, posts to those, and clears the provision account.

    Original Description:

    SAP FI GL

    Original Title

    GL Out

    Copyright

    © © All Rights Reserved

    Available Formats

    DOCX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    This document discusses setting up general ledger accounts and posting transactions for outgoing and incoming payments. It outlines creating number ranges for payments, tolerance groups for accounts, clearing provision accounts, and viewing balances. For outgoing payments, it involves setting up provision for salaries and salaries expense accounts, posting to those accounts, and clearing the provision account. For incoming payments, it sets up provision for commission as an asset and commission income accounts, posts to those, and clears the provision account.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
    11 views1 page

    G/L Out Going Payments

    Uploaded by

    zafar iqbal
    This document discusses setting up general ledger accounts and posting transactions for outgoing and incoming payments. It outlines creating number ranges for payments, tolerance groups for accounts, clearing provision accounts, and viewing balances. For outgoing payments, it involves setting up provision for salaries and salaries expense accounts, posting to those accounts, and clearing the provision account. For incoming payments, it sets up provision for commission as an asset and commission income accounts, posts to those, and clears the provision account.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
    of 1

    G/L Out going Payments

    1. G/L Aaccounts FS00


    i. Provision for salaries-Liabilities
    ii. Salaries A/C -Expenses
    2. Postings F-02
    i. Salary A/C
    ii. Provision A/C
    3. Create number range for payments OBA7
    4. Tolerance Groups for G/L accounts OBA0
    5. Clearing the Provision-A/C or G/L outing payments F-07
    6. View the G/L wise balances FBL3N

    G/L Incoming Payments

    1. Create G/L Accounts FS00


    i. Provision for commission-Assets
    ii. Commission received- Incomes
    2. Postings to Provision A/C F-02
    i. Provision A/C
    ii. Commission A/C
    3. Create Number Ranges for incoming payments OBA7
    4. Clear the provision A/C or G/L incoming payments F-06
    5. View the G/L wise Balances FBL3N

    You might also like