Assets = liability + owners equity
Hello GL gurus,
Can you help me to find the following entry’s fall into to which category?
Dr. Receivable (Is it asset or liability or owners equity?)
Cr. Unearned (Is it asset or liability or owners equity?)
Cr. Revenue (Is it asset or liability or owners equity?)
Pls help me
Thanks, Raghu.K
I guess its like this:
A balance sheet account can be classified as asset,liability or owners equity ...
For a Profit and Loss Account there is no such classification, or in other words it will appear on both the sides as assets or liability/owners equity.
Receivable goes under assets.
Revenue is a P/L account.
Unearned will also go under assets i guess.
Thanks
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GL Account Balance Query Issue
Hi,
I'm trying to extract GL Balances in the following format
Company Segment(Segment2) || Account Number(Segment1) || Cost Center Segment4 || Account Descr || Actual Flag || Account Type || Activity || Activity in Period || Currency || Period End date || Account Balance
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SELECT gcc.segment4 "Company Segment",
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Decode(gcc.account_type,'A','Asset','E','Expense','L','Liability','O','Equity','R','Revenue') "Account Type",
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bal.currency_code "Account Currency",
per.end_date "Period End Date",
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SUM( NVL(bal.BEGIN_BALANCE_DR,0) - NVL(bal.BEGIN_BALANCE_CR,0)) "Account Balance"
FROM apps.fnd_flex_values_vl a1, --- For Account Segment
apps.fnd_flex_values_vl a2, -- For Cost Center
apps.gl_code_combinations gcc,
apps.gl_balances bal,
apps.gl_periods per
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AND a2.flex_value = gcc.segment2
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---and a2.flex_value_set_id = 222222 -- Value set id for Cost Center
and gcc.code_combination_id = bal.code_combination_id
and bal.period_name = per.period_name
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You can do this with WD dynamic programming.
You can do with domodifyview badi for accounting component /SAPSRM/WDC_UI_DO_ACC.
You need to handle both views 'V_DO_ACCOUNTING' and 'V_DO_ACCOUNT_DETAIL' in the domodifyview badi implementation.
I am sending the sample code. How to attach the custom search help dynamically.
DATA lo_nd_comp_context TYPE REF TO if_wd_context_node.
DATA lo_nd_acc_context TYPE REF TO if_wd_context_node.
DATA lo_nd_info_acc TYPE REF TO if_wd_context_node_info.
DATA lv_value_help_mode TYPE i.
DATA lv_value_help TYPE string.
" Read Context
lo_nd_comp_context = wd_context->get_child_node( name = 'COMP_CONTEXT' ).
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IF lo_nd_acc_context IS BOUND.
lo_nd_info_acc = lo_nd_acc_context->get_node_info( ).
ENDIF.
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IF lo_nd_info_acc IS BOUND.
" get current search help info
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EXPORTING
name = 'G_L_ACCT'
IMPORTING
value_help_mode = lv_value_help_mode
value_help = lv_value_help
" Below this will add the custom search help from SRM .
lo_nd_info_acc->set_attribute_value_help(
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name = 'G_L_ACCT'
value_help_mode = 'BUS2121'
value_help = 'Z_F4-Your search help' " you own search help.
endif.
Regards,
Devi prasad -
Hello Experts,
I want to create a balance sheet report (do not want to use existing standard balance sheet or PnL report) from GL line item DSO. I dont want to use transaction figures GL
If I select year, period, chart of account, company code and gl account, i should be able to create a balance sheet.
what all gl account types I need to select to get asset, liability and income statement.
Is it enough to get balance amount for 'balance sheet gl accounts' and get balance of 'PnL GL accounts.'
How do I know what are assets, liabilty, retained earning and equity ?
Do I need gl account of any other type other than balance sheet accounts and PnL accounts ?
Please help.
Thanks,
RitaHi,
For this standard cube every thing there and standard report also there
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sathish -
Suspense account (for offsetting)
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While entering opening balances for BP and GL Accounts, we first enter an account as an offsetting account at the top of the form.
That is ok.
Ideally where should we create these accounts(asset/liability/rev./exp./equity).
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If anyone could guide me.
Its urgent.
JimmyJimmy,
The Ideal place to create this would be in the Equity drawer and this account should balance to Zero (0) after you complete all you Opening Balance imports (A/R, A/P, Inventory, G/L Balances).
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Best wishes
Suda
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