Dummy G/L account is reflecting in Balance sheet.

Hi expert
I have G/L i need to clear the amount from in it
1 GL ACC XX: line item display & reconciliation
2 GL ACC YY:Only line item display
I want to clear amount which is there in a above Dummy G/L, bt both G/L account is reflecting in Balance sheet.
Now i would like to know were i pass this amount
Regards
Raheem

Dear Sir,
we have xx gl for Dummy Vendor Reconciliation A/c
and YY for Dummy Custom duty A/c
One GL reflecting Inh Cr side and another is Dr Side in balance sheet
Regards
Raheem

Similar Messages

Account reflection in balance sheet

Hello everyone,
We are implementing SAP Business One 2005 PL05.
We are come across a problem, we have created few more bank accounts and respective chart of accounts. Once the payment transaction is done, the amount is not reflecting in the balance sheet for those additional bank accounts.
Any help will be appreciated.
Thanks
Ravi

Hi Ravi,
You have to update(Refresh) the Financial Report Template after adding any new G/L accounts. Then only you will get the new G/L's in the Balance Sheet / Trial Balance.
Unless you refresh the Template, Balance sheet wont tally

User defined G/L Account cannot view in Balance Sheet

Hi,
i have created one User defined G/L Account in Assets and also assign opening balance to it.
But at a time during balance sheet view, user defined G/L Account cannot see..
How can i see this User Defined G/L Account in balance sheet....
Plz...View below snap.....
Thanks,
Nikunj

Hi,
I got solution....
View below thread...
User defined G/L Account Can't see in Balance sheet
Thanks,
Nikunj

Alternative account number in the Balance Sheet

Hello experts,
We have a company that besides the usual balance structure uses also an alternative one for its country.
When I run the Balance sheet query with the normal hierarchy I can see all the nodes correctly. But when I use the one for its country I can see only one node (Not Assigned Fincl Statement Item) with all the account numbers inside.
When I check it in R/3 (tcode FC10) I can see it with both structures checking the alternative account number option.
Does anybody know how to use the alternative account numbers with the country specific hierarchy in BW?
Thanks in advance,
Abraham.

Hello,
Please read F1 help. It is clearly mentioned.
Test copied below:
Alternative Bank Acct Number (for Ambiguous Acct Number)
The alternative bank account number is used for distinguishing house bank accounts with identical account numbers. This can occur if a house bank manages accounts in different currencies using the same account number.
The alternative bank account number must then only be defined if it differs from the bank account number. You must maintain it together with the bank key in the system.
If you have house bank accounts with identical account numbers and use the electronic account statement for these accounts, then you enter the internal key used by your house bank here (usually the account number with attached currency encryption). If you use the manual account statement, then you can freely assign the alternative account number. Using bank account number + currency code is, however, recommended.
Regards,
Ravi

Balance sheet G/L account posting is not captured in the SLR budget report

My case:
While posting a schedule agreement ( which is account assigned to "project make to order"), to G/L account, the following warning message comes.
" G/L account is a balance sheet account".
Although I am able to post the scheduled agrrement to that G/L account, but my slr budget report does not capture this commitmnet cost (commitment management is active for present financial year).
Further for the cost to be captured in the budget report the G/L account should exist as cost element ( as from my observation).
I observed that , that particualr G/L account ( which is a balance sheet account) is not present as a cost element .
My CO colleagues says that it is not advisible to create cost element for a balance sheet G/L account as it may lead to mismatch in the cost flow.
Now , how can the cost be captured in the budget report for this G/L posting.
Please suggest some feasible and correct solution.

Hi Vishal......
As I think ...here we have to take P & L account ...becouse cost can be booked only in P & L with revenue...for that we can see commitment too..balancesheet account are direct account ....like Bank account ..........
please rewards the points if useful
Regards
Rama Shanker Sharma

Reval Balance sheet adjustment account splitting to Constant Profit Centre

Hi all
I am performing currency revaluation for Vendors.
Document splitting is active u2013 Cost Centre u2013 Profit Centre - Segment
The original invoice was split between two Cost Centres.
I revalue the invoice currency using FAGL_FC_VAL.
The batch processing -SM35- runs and gives a posting document number.
When I examine the document, the GL account created as the Balance Sheet adjustment account in OB09, is posting through the Constant PC and Segment.
This is then creating Zero balance lines in the CO-FI reconciliation account.
The expense/revenue account for gains/losses is being correctly shown in the Profit Centre.
My question is whether the Balance sheet adjustment account for unrealised exchange gains/losses should be using the constant PC and segment, or whether this is due to an error?
Any advice is appreciatedu2026

All I had to do was change the Field Screen Variant to G004 to enable the SM35 in picking up a cost centre> Job done

Balance Sheet Account Balance in COPA Report

Dear Experts,
My Client Requirement in COPA is: Working Capital Value should be viewed in COPA Report. So the value fileld balance is CA-CL. these operation will be done by blance sheet accounts.
So, Is the Balance Account values will flow to COPA?
Please suggest me with detail.
Thanking in advance,
Regards,
Balaji

Dear sir,
I tried with what you said in KA01. But system showing this message...
G/L account 10000000 is a balance sheet account
Message no. KS036
Diagnosis
G/L account 10000000 is defined in FI as a balance sheet account.
System Response
Balance sheet accounts cannot be created as cost elements in cost accounting, except for:
Asset reconciliation accounts
Material stock accounts for valuated sales order stock for sales orders or projects.
Really I appreciate your response...
Please give me the soulution...
Regards,
Balaji

Profit & balance sheet accounts

hi all,
i need to know how the depreciation accounts for profit & loss & balance sheet are linked coz in my report i need to show the depreciation account of profit & loss for balance sheet & Depreciation account of balance sheet for profit & loss.
points will be rewarded.
thnx & rgds

Hi,
We don't assign Balance sheet and Profit & Loss accounts to same FS item.
All P&L a/cs are linked to a retained earnings a/c automatically when we define only one Retained earnings a/c in customizing. And if we define multiple Retained earnings a/cs in customizing, then we have to assign the corresponding Retained earnings a/c for each P&L a/c in GL master.
And since Retained Earnings a/cs is BS a/c, they are grouped with all other BS accounts.
Hope this helps
Pl. assign points, if this is useful.
Cheers,
Som

Financial statement- Balance sheet accounts

Hi friends,
In our SAP system there are some interim asset acquisition accounts added to balance sheet which should not have been there. I removed them by editing the account-> financial statement version. But still the same accounts are displayed in unassigned accounts section of the balance sheet.
Please suggest me how can I remove them from the financial statement forever.
Thanks
Ramana

Hi Srikant,
Thanks for your response, we can exclude those accounts and save as a variant. But I am wondering if there is a way by which we can eliminate them from the structure.
Thanks again, Points assigned.
Ramana

PCA-MIRO: Porfit center on balance sheet accounts

Dear Experts,
I face the following issue:
During invoice verification (MIRO) the profit center which was mentioned in the Purchase Order (the profit center to be assigned on P&L account during Goods Receipt and, if applicable, during invoice verification on the P&L account in case of differences) is assigned on the GR/IR balance sheet account in despite of balance sheet accounts are not transferred to PCA.
It is an issue because it multiplies the number of line items during invoice verification (one line item for each profit center). Due to that, substitution would not be an solution since it will erase the profit center but not concatenate line items. Field status group of my GL account set the profit center field as "suppressed". MM field status group cannot be changed since the profit center is useful for the P&L account.
I believe the solution should be in MM and line item summarization, but I cannot succeed.
Please, could you support me?
Many thanks in general for this forum and in advance for your help,
King regards, Gregory.

Hello
Like FI field status groups, where we can manage screen field control, there are field status groups for movement types.
So in MM check FSG for these movement types and make them optional. It is somewhere in IMG in MM.
Hope you would get values.
Reg
assign points if useful

Wrong assignment of Balance sheet accounts for Asset Classes...

dear all,
there is wrongly assignment of acquisition balance sheet account in asset class in t code is AO85 that is, Acquisition:Acquis. and production costs an Accumulated Depreciation Balance sheet account have been assigned. Also in t code AO93 for ordinary depreciation same correct accumulated depreciation Balance sheet account have been assigned.
Now i can say that Acquisition balance sheet account and accumulated depreciation balance sheet account are assigned with same GL (i.e. accumulated depreciation account).
The transactions data have been posted for the asset class with different tcodes i.e.
ABAVN Enter asset transaction: Asset Retirement
OASV Enter Transfer Posting
AIBU AUC Settlement
ABUM Enter asset transaction: Transfer in company code
AB08 Documents from asset
I wanted to post transaction data with correct acquisition account. What should i do to correct posted transactions..
Waiting for positive response.
regards
saqib usman

The best way is to create a new asset class and to transfer the existing assets.
An other option is to change the G/l account in the development system and transport to production. In development it is only possible to this when there are no posting in this asset class. When there are posting you have the option to reset in development asset accounting. Then you can change the G/L account. Have a look to SAP-notes with your error there is a note for.
When the changes are in production you can make a manual correction with the transaction ABF1 (SAP note 69225).
With this option you have the problem that the original postings are no longer in line with the asset account assignment. When you want to do a currency conversion in the future you have to make correction posting again in the old fiscal year

Balance Sheet translation at spot rate at ANY point in time

My client produces its financial accounts in AUD. They will have open items in AR, AP and Bank in foreign currencies. WITHOUT running periodic valuation they wish to produce a Balance Sheet at any point in time during the month applying the applicable daily spot rate to valuate the Foreign Currency open items (for reporting purposes only). I have run S_ALR_87012284 and maintained the special evaluations tab for Display Currency (AUD), Key date for translation (current date) and exchange rate type (spot rate type). However, this does not appear to be revaluating the open items in the subledger accounts to produce the balance sheet at the current spot rate. Appreciate input / alternate approach. Cheers, Dean.

Hi Chirag
As per Oracle following are the rules that has to be followed for translation.
1. For Balance Sheet Accounts (Asset & Liabilities) GL as a default uses the YTD rule.
2. For P&L Accounts you can choose between YTD and PTD rule. So in your case you can use the default PTD Rule. (Profile Option 'GL Translation: Revenue/Expense Translation Rule')
YTD Rule = (Translated Period Amount = Period-End Rate x YTD Ledger Currency Balance - Beginning Translated Balance).
PTD Rule = (Translated Period Amount = Period Average Rate x PTD Ledger Currency Balance)
Hope this helps.
Regards,
Gautam
Edited by: Gahlout on Sep 25, 2012 11:04 PM

Trading Parner Not Inherited to Cross Company Balance Sheet Line item

Hi,
I posted cross company document using document type that is already untick in field 'inter-company posting' and 'enter tpid'.
My accounting entries is as per below:
   Co1000   Cr Balance Sheet   $250
   Co1001   Dr Expense            $10
   Co1001   Dr Expense            $240
Upon posting, TPID only populated in the cross-company code clearing line item only. Not to all of the GL line item.
However;
1) If using the same set of data (cross company posting) whereby the Balance Sheet line is replaced with P&L account, the posted document will inherit TPID to all line item.
2) If posting in single company's book, using related party customer account with the same balance sheet as per example above, TPID is inherited to the BS line item. example is as per below:
     Co1000 Dr Customer1001   $300
     Co1000 Cr balance Sheet    $300
Is there any reason or notes that can be implemented so that for cross company transaction that contains BS account, TPID is being populated in all line item?
TQ.

Hi,
If the Trading Partner is maintained in OX16 and you are still getting this problem then, please refer to OSS Note No.:779844 and 438076.
Regards,
Kiron Kumar T.

Goods Receipt Posting to Balance Sheet

Hi
When we carry out a Goods Receipt, the system posts an amount dirently to the P&L. As we want to accure the cost we then journal the value out of the P&L and onto a Balance Sheet. Is it possible that we post this amount directly to the Balance Sheet to avoid the manual journal?
Here are steps we currently do:
Steps
Transaction
P&L
B/S
1
Journal to accure cost
100
(100)
2
Goods Receipt hits same accounts as step 1
100
(100)
3
Manual journal to clear entries from step 1
100
100
thanks
Joe

Hi,
It is going to P & L account as you might have assigned P & L account instead please assign balance sheet account and account type as Current Liabilities - Payable.
Hope this solves your issue else revert.
Regards,
Tejas

Profit center balance sheet derivation rules

sap techies,
profit center accounting derivation rules : costs through cost centers
: revenue accounts - OKB9 ( business area)
: balance sheet items - 3KEH (business area)
i have maintain both settings while i am posting documents cost & revenues accounts derives pca automatically ,but balance sheet items are not derives automatically .
is there any additional settings need for balance sheet accounts .
is there any difference between - 3KEH & FAGL3KEH

Hi
In the IMG Step "Activate Document Splitting", did you tick "Inheritance"
Also, assign FIN_PCA scenario to the ledgers...
Check FAGLL03 for the balance sheet account after posting a transaction once you ensure the above config
br, Ajay M

Dummy G/L account is reflecting in Balance sheet.

Similar Messages

Maybe you are looking for