FAGLF101 (Reclassify AR balance)

Hi
I am trying to classify Receivables by age. I have set up the following in OBBU
V4 - less than a year
V5 - 1 to 5 years
V6 - Over 5 years
I have also assigned Recon a/c, Adjustment a/c and Target a/c
When i execute the txn FAGLF101, system possts everything to the target account maintained for V4 (less than a year), whereas, i expect it post in three different buckects based on the age. If something is due between 1 to 5 years, it should be posted to Target a/c for V5 and similarly for V6.
Please advice
Thanks

Hi
The assignment looks fine. What should be the settings for following fields in Sort methods
Customer posting - POSTAR
Vendor posting - POSTAP
GL posting - POSTGL
Thanks

Similar Messages

Doubt reg: MIGO GR/IR Reclass accounting entries

Hi ,
When MIGO is done , we have the below accounting entries.
Stock a/c - Dr
GR/IR clg a/c - Cr
On month end when we run F.19 , if MIGO is done and MIRO is not done,
the accounting entry is
GR/IR Adjustment a/c DR
GR/IR clg a/c - Cr
Is this correct?
Because the purpose of running F.19 is to reclassify the balances in GR/IR clg a/c to
GR/IR Adjustment a/c.
But as per the above entries, the GR/IR clg a/c, is credited twice.
Please explain, where I am getting the flow wrong.

Hi Rudra,
When MIGO is done , the below accounting entry is posted
Stock a/c - Dr
GR/IR clg a/c - Cr
Now, when you run F.19, then, based on whether the MIGO is done and IR is not done and IR is done but MIGO is not done, the entries would get posted.
Please remember, the entries are only mirror entries of GR/IR Account and no posting is made to GR/IR Account.
Note the scheme of entries below:-
Delivered but Not Invoiced:-
GR/IR Adjustment A/C..Dr
To Provision Account (GNB)
Invoiced but not yet Delivered:-
Claims A/C...Dr(BNG)
To GR/IR Adjustment A/c
The GR/IR Adjustment Account and GR/IR Account can be clubbed together in the FSV, so the effect gets nullified.. and the actual Claim or liability is shown in the specific GL's like provision (GNB) and Claims(BNG).
The entries also gets reversed the next month.. so this reclassification is for reporting purpose only. And then it is business as usual..
Hope this helps you..
Regards,
SAPFICO

Customer Debit balance is reclassified

Hi, all:
My issue is: customer debit balance is reclassified (tcode: FAGLF101) ? Why?
My configuration as follows:

Dear Sreebha,
You can check the settings as mentioned by Ankur.
If the credit check is required in sales order level , check in OVAK whether the credit group and D(dynamic credit check ) is assigned to your sales order type.
If the credit check is required for delivery/PGI in SPRO.IMGSALES & DISTRIBUTION> BASIC SETTINGS> CREDIT MANAGEMENT--> Credit limit check for delivery types
Check whether the sales area you are making the sales order have a credit control area in ovfl.
After this configuration checks, you can check in FD32 whether the credit exposure is 0 and also the the
risk category is assigned.
If the configurations and master data are perfect, then run RVKRED88/RVKRED77/F.28 for the customer code .
Please check and revert back.
Also please go through the forum and be sure you have not missed any credit control configuration settings.
Thanks & Regards,
Hegal K Charles

Reclassification of Debit & Credit balances TC:-FAGLF101 is not happening

Hi
We are trying to run the transction FAGLF101 for reclassification of debit and credit balances
under one company we are have 4 company codes , we are able to post and generate entries for 3 company codes and not happening for one company code alone
we have checked the setting in OBBU/OBBV/OBBW all are correct, kindly let me know
1.Is there any particularly settings we have to make on company code basis ,
2.what all the config in need to check out
3. any config changes i need to make
kindly do the needful
thanks & regards
salva bindu

Hello Suresh
Could you help me with these questions on the configuration of valuation method assigned to valuation area:-
1. Significance of "determine exchange rate type from act bal" and "determine exchange rate type from invoice reference". How is exchange rate type determined at account balance? Is it that for regrouping of customer / vendor accounts it is required to detrmine exchange rate type from account balance?
2. What is the significance of valuation area in regrouping? Can i not use the same valuation method mapped to valuation area as configured for foreign currency valuation i.e EVR (standard SAP)?
3. What are the valuation method settings for US GAAP and IFRS for regrouping?
Thanks
Anisha

Balance sheet Open Item Analysis (FAGLF101)

HI,
When I run this transaction, I am getting the error message "Account determination for transaction V05 not maintained for account 123456". But in fact the account determination was maintained in OBBV. Actually I am new to new GL.
This error message is coming for two accounts, for one of those accounts there is account determination both the adjustment account & the target account.
For the other account it is only the reconciliation account which was maintained, the fields adjustment account & target account were left blank.
And also It would be great help for me if you can explain what is adjustment account & what is target account. May be with example will be more helpful.

Hi,
Though the accounts were maintained in the account determination. Posting keys were not maintained, & so the problem.

Reclassify vendor liability to GL account (Polish requirement)

Hey All,
I have a requirement where the client needs separate GL accounts for assets vendors vs regular non-asset vendors. We need to book fixed asset in a separate GL account for balance sheet reporting. So, I am looking for a report that will reclassify the asset vendors liability to a specific GL account and then reverse this posting as this is required only for legal reporting purpose.
The report FAGLF101 is supposed to carry out such reclassification and reverse postings but I am not sure how the report works.
Thanks for time!

Report works based on account determination (reconciliation account, mapped to target & adjustment account) defined in FBKP in Sort Payables/Receivables. Account determination is required for each valuation area or report gives account determination per valuation area error.

FAGLF101

Hi Gurus,
I would like to know how can I differenciate in customising
-reclassiying posting for the total credit balance of customer with credit balance & vendor with debit balance without consideration of maturity and
-reclassify customer&vendor open items according to remaining term (maturity)
I need first to make reclassifying posting for Cust/Vend. Cred./Deb.Balance independent from remaining life all in one adjustment and target account.
and then I need to reclassify open items according to maturity (till 1 year, 1-5 years and >5 years).
Reclassifying postings acording to remaining life on item basis work but I wan not make reclassifying posting for the total credit balance of customer and for th debit balance of the vendor:
the system diffferenciates them also according to different remaining years and does not post the total balance in one document.
How can I reach this in customising ? Do I need to create 2 different sort methods (intervals) for this or can I achiieve this within one sort method.
Many thanks in advance for your help.
Kind Regards

Hi,
Hopefully can be a SAP Guru able to provide a solution ?!?!
Also I have to inplement FAGLF101 for IFRS/USGAAP and 4h EU Directive?
I read so many timers the program explanation but I am still not clear and somehow confused how
Cust/Vendor Cred/Debit balance and Maturiy Ageing with classifiying should work.
Regards

Reclassify GR/IR based on payment terms

Dear experts,
I am using tcode : FAGLF101 to reclassify my vendor balance from short term to long term payables. This is working fine.
My user wants to reclassify the credit balance of the GR/IR account related to the above vendor to long term payables as well. This will show a negative amount under the long term payables.
Accounting entries for GR
DR expense
CR GR/IR clearing a/c
Is there a way to reclassify the above entry?
regards
Sylvia

Daer yadav,
Thanks for your input.
I have down this requirment with same programe name and with FORM USEREXIT_MOVE_FIELD_TO_VBKD.
regards
raj.

Help on FAGLF101 or F101

Hi All,
Can some one give me some information on FAGLF101 and what are the steps require and what configuration require?
My Customer wants below two option , can some one help on this
1) Want to group on Trading partner
2) Want to Reclassify Account which are not managed as open items.
Please give some information
Regards
Nagesh

Hi Nagesh,
FAGLF101 / F101 is created for Balance Sheet Supplement - OI - Analysis
This report structures the *payables and receivables* into a sorted list and executes transfer postings.
Additional adjustment postings are required in the following cases:
- Vendors with a debit balance and customers with a credit balance
- Changed reconciliation accounts or partners (VBUND)
- Investment reporting
All accounts are processed that are carried with open item management.
The functionality in the standard program as you requested is not available
I hope this helps
BR
Renata

Open Payable,Receivable & Trial Balance!!

Hi Guys,
I need your help in Trial Balances.
Our company has aquired a small firm which does not use Oracle ERP.
Now we are planning to merge them under Oracle EBS.
My question is what information do we need to bring related to their
trail balances so that we can reconcile GL with AP,AR & INV.
1) Open Sales Invoices
2) Open Payable
3) Advance Payment
is there any GL component related to this to be brought in??
Thanks in advance
Prashant Pathak

1) Open & Pending PO
No Accounting impact unless you have encumbrance. So you do not have to worry.The only thing you need to worry about is definition of open PO. If PO is received but not yet billed you ought to have accrual balance in your old system (assuming accrual basis of accounting). If you convert these POs, when invoice is matched to this PO (this is no receiving expected as goods are in inventory or consumed), you have to make sure to use the accrual account (it should default). It is kind of a mess as you have to train people carefully to look for holds, which one is received earlier which one is received now and so on. Ideally the value of these POs+AP invoice value conversion with the accrual account should match with you accrual balance in your GL conversion.
2) Open & Pending SO
No accounting impact.
3) Open & Pending AR,AP Invoices ( may be we might close Open invoice's in old system)
AP for liability and distribution accounts, I think you should use actual liability account and reclassify later in GL (reclassify the one that was converted in GL) and for the charge account, you should use dummy accounts as the account could be accrual or actual department charge account. As this will be coming in GL, just make sure that the values match.
4) Open & Pending Receipt
Not sure whether you will be using a dummy bank account or actual one (accounting for cash and clearing are derived from the receipt classes) for converting these receipts. If cash gets converted in the GL into actual cash account (sensitive topic and highly individualistic to each implementation), then you have to use dummy cash account. If not in GL you have to use dummy cash account.
5) Customer
No accounting impact
6) Vendor
No accounting impact
7) Item
No accounting impact
8) On Hand Inv ( what about the cost of this inventory? How do we tackle this in GL?)
In inventory when we covert we have no choice in choosing the material account (inventory account) as it is taken from organization (average cost) or subinventory (standard cost) so on. Hence we cannot change that. The only thing we can change is the account we pass while doing on-hand conversion. Usually we call this guy as Inventory Clearing account. Depending on your set up (different inventory accounts for different organizations) you have to use different clearing accounts.
So in inventory conversion you generate
Dr Inventory account
Cr Inventory Clearing Account.
In GL you bring in the value of inventory account into Inventory clearing account. When you transfer from inv to gl, clearing account gets squared off.
Thanks
Nagamohan

FAGLF101 - Reclassification of customer and vendors

Hi,
I need small help in resolving one issue:
As per my understanding, reclassification of customers should be done if the customer is having credit balance at the end of the month.
But I have a customer with debit line items and it is selecting these line items while running FAGLF101 transaction code for reclassification. We are in ECC5.0
FYI: These line items are coming when we select both account types 'D' and 'K' in the selection screen. If I give only 'D', these items are not coming even though these are customer line items.
Any advice where to check?
Thanks,

Dear
Please check the following in OBBU.
1.Under Sort method - Receivables ensure that Customer, Vendor & GL Postings are ticked. Also ensure that under ACCOUNT reconciliation accounts of vendors are given and different adjustment accounts(vendor regrouping adjustment accountsliab) and one target account(ie., vendor regrouping target accountCurrent asset) is given.
2.Under Sort method - Payables ensure that Customer, Vendor & GL Postings are ticked. Also ensure that under ACCOUNT reconciliation accounts of customers are given and adjustment account(Customer Regrouping Adjustment AccountCurrent asset side) and target account(Customer Regrouping Target Accountliab) is given.
Hope the above solves your issue.
Regds

Reclassification of Customer & Vendor Balances in Group Currency

Hello
It is with regards to the Reclassification of Customer & Vendor
Balances vide T Code FAGLF101 - Sorting/Reclassification (New) as per
IFRS.
The reclassification entries are getting generated in Document & Local
Currency but no values are getting accounted in Group Currency. The
reclassification entries should also get accounted in Group Currency.
We had also implemented following notes related to the same but were
unable to get the required results.
1365637 - FAGLF101: Transaction currency amount in postings
1463016 - FAGL_CL_REGROUP: Additional local currencies (re-
measurement)
1493437 - FAGLF101/FAGL_CL_REGROUP: Additional local currencies
Can some one please comment why the entries are not be flowing in Group
currency in IF ledger. OR are there any additional notes need to be
implemented.
Regards
Atul

Hi Atul............
This language seems you are asking your doubts related to some other version of SAP and this is SAP Business One Forum.
You are requested to post your question to correct forum because unfortunately you can not get any help from this forum.
And if you have the other doubts regarding same version then please close all those threads and post it to right one....
Regards,
Rahul

FAGLF101-Account determination for transaction V02 is missing for account

Morning
When I run the "faglf101" transaction, i get this error :
"Account determination for transaction V02 is missing for account 0000401142
Y1 PCG
Message no. FR005 "
I have tried to customize the adjustments accounts and postings keys in the IMG
"Financial accounting > Accounts Receivable and payable >
Business Transactions > Closing >Regrouping > Define adjustments
accounts for changes reconciliation accounts"., but i don't see the part "Regrouping" in the IMG.
I have tried to use the OBBW transaction, but his transaction code "A00-Transfer postings: changed recon. acct" don't correspond to mine (V02);
We are in ECC6.
Can somebody explain to me how can i correct this error please?
Best regards

This is meant for account determination for Receivables/payables sorting. Check your configuration in SPRO->General Ledger Accounting (New)->Periodic Processing->Reclassify->Transfer and Sort Receivables and Payables->Define Adjustment Accounts for Receivables/Payables by Maturity

Changed reconciliation account in vendor master - Report FAGLF101

Hi
When a Recon account is changed in the Vendor Master, a report has to be run to post the adjustment entries using T-Code FAGLF101.
The query is that, the report posts the adjustment entries through an adjustment account but at the same time also reverses the effect on the first day of the next month.
Is there a way to stop this reversal. Though I do not select the reversal posting date, system is reversing the entry.
Further, why is the Recon account not posted to rectify the entries?
Regards
Abhishek Kumar

Hi
For changing the reconciliation account in Vendor Master and customer master, please follow the following steps.
1. First change the reconaccount in the customer / vendor master
2. run the program SAPF101 for adjusting balances of old recon account to the new recon account.
Problem will be solved.
I hope it will clarify your doubts.
Regards
Madhav

Vendor debit balance should come in sundry debtor balance

Hi, Gurus
My problem is that my client wants that if a vendor has debit balance than it should be treated as sundry debtor (Current Asset) and balance should come in sundry debtor reco. GL, similarly if a Customer has credit balance than it should be treated as sundry creditor (Current liability) and it should come in to sundry creditor balance.SAP provides overall debit/credit balance of Reco. Gl, my requirement is per vendor/customer wise i,e if Mr. X is a vendor and he has credit balance of say Rs.1000/- than its ok but another vendor say Mr. Y has debit balance of Rs. 7000/- than it should come in sundry debtor GL, what SAP is doing it will show debit balance in sundry creditor Reco. GL.
Please help me and provide appropriate solution.
Thanks & Regards
Anuraj

Hi ,
you need to perform closing operations for Accounts Recievable /Payable to achieve your client requirement.
Please read below SAP help.
Customers in Credit and Vendors in Debit
A credit balance on a customer account should be displayed as a payable; conversely, a debit balance on a vendor account should be displayed as a receivable. If such a situation arises, the program makes the appropriate adjustment postings automatically.
To do this, the system determines the total for each account and reconciliation account. This guarantees that special G/L transactions, for example down payments and bills of exchange are displayed separately from the payables and receivables. Accounts with the same consolidation company ID are considered together.
The receivables account in the figure above identifies a credit balance of $2000 for Customer 3. This payable is to be displayed in the balance sheet under the item "Other payables". You therefore transfer the amount to the account of that name. The receivables account is adjusted by a posting to the adjustment account.
Prerequisites
Since you cannot post to the reconciliation accounts directly, the system makes adjustment postings for you. You should display the reconciliation account and the adjustment account under the same balance sheet item. The system posts the offsetting entry to a G/L account, under which the payable (or receivable) is now displayed in the balance sheet. You must have defined the account numbers for the adjustment accounts and the accounts for the offsetting entries in the system already. The posting keys are already defined in the standard system.
To define the account numbers, select the activity Define adjustment acts for reclassifying payabl./receivables in the Accounts Receivable and Accounts Payable Implementation Guide.
Regards,
Lakshmu

FAGLF101 (Reclassify AR balance)

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