Move account from P&L to Balance Sheet

Hi ,
The account in Tcode FS00 was earlier as a P&L account but has been changed to Balance sheet account.
But even now after it being changed when one makes enteries its showing as P&L and not Balance sheet .
Can someone please help me with this.
Thanks a ton.

Hi,
F.01 shows FSV hierarchy. You will have to update it via OB58 and move the G/L to the relevant group.
Regards,
Eli

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Change GL Account from P&L to Balance Sheet

Our client has created a bank account as a P&L Account and posted transactions to it. This was unearthed only when we were helping them close their books.
Now, we need to convert this account into a balance sheet account before closing the books. Please share the process to do this and advise necessary precautions.
Thanks
Anand
Moderator: Please, search before posting

Hi:
If you assign new account group and to old GL accounts then the number range defined for OBD4 for new account group may conflict with the GLs defined earlier.
To cater your requirement you have two options
Create NEW GL in FS00 for Bank with correct Account group assignment and transfer the Open item from Old GLs to New One using F-04. This is the simple way.
2nd option you have which probably is best suited if there are mass number of GLs involved and their account group is required to be changed. In that case you will have to create new Account group with same number range as created earlier so that existing GL (only if you want to make use of Old GL) could be assigned to them . If you don't do so you will not be able to change account group.
Whatever the option you adopt after changing account group you will have to remap your new GL in FSE2 you will have to changing Mapping of FS items. This will correctly map Bank GL to current asset area.
Hope this piece of information will help you.
Regards

User defined G/L Account Can't see 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....

Hi Amitgiri,
This is because you have not included the newly created account in Financial Report Template.
Please Go to Financials--> Financial Report Template and select the Balance Sheet in Drop Down Menu and define new as BL in Tempalte drop down.
Now click on the button Generate Charts of Account at the bottom of the window and then update and run the Balance sheet from Financial Reports by selecting this BL template.........
Regards,
Nikunj Mehta

Move accounts from PowerPC based Mac to Intel based Mac

I'm sure this has been asked before so please forgive me. I have found arguments that say just use Migration assistant to some saying I need to cherry-pick certain items. Does Apple have an official word on this?
Thank you!

Great! Thank you!
So it seems if I identify all of the Power PC apps and utilities, pick them out of the Applications folder I should be able to then use Migration Assistant?

How to move group account from liability to equity

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Any SAP notes or links would be helpful
Also, if you could forward me notes for BCS and BW it would be very helpful.
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AK

Hello Joseph,
See this article.
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CO account assignment on a GR/IR Account (Balance sheet Account)

The GR/IR account line item on Goods Receipt(GR) documents picks up the account assignment ( WBS Element, Cost center or an Order) from the Purchase order account assignment.
The GR/IR account is defined as a Balance sheet account. So it is abnormal to pick up a CO account assignment on the GR/IR account line item on a Goods receipt or Invoice document.
I shall appreciate if some expert here lets me know if there is a fix(an OSS note) in order for the GR/IR account NOT to pick up a CO account assignment on the subsequent documents(Goods receipt and Invoice) from the Purchase order.
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Hi Vijaynath,
If you have the modules like CO, PS, FM, IM and activated the above modules, at the time of the GR system compulsarly will ask for account assignment. Because PO might be crated for a project or cost center. In the above 2 cases system will look for account assignment.
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For the raw material and asset accounts you can create statistical cost elements.
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Balance Sheet adjustment account in exchange run

Hi All,
From 2009 onwards the balance sheet adjustment account used during the month end exchange run is getting posted when doing a custome or vendor clearing. This didn't happen prior to 2009. This balance sheet adustment account usually gets posted only at the month end and get reversed on the following day. but now even though the revese happens still there is a balance prevailing in it.
Prior to 2009 there were no other posting to these balance sheet adjustment accounts other than the month end valuation adjustments. What can be the reason for this sudden change? The auditors are questioning this an I need to give them en explanation. Can someone tell me why this issue suddenly happened?
And also i would like to know, do open item valuations at the month end reverse on the following day or is it only valid for balanced maintained accounts?
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Hi Dominic,
Thanks for your prompt reply. When analysing the specific baance sheet adjustment account i realised that there have been reversal entries on the 1st day of every month. This should confirm that the reversal postings have happened.
In addition to these entries, when certain customer open items are cleared this account gets hit. The addition of all these hits are equal to the final total of the balance sheet adjustment account. (which should be usually zero). I also realised that these hits during customer open item clearing are documents from yrs 2008 and 2007. Could this have an impact in hitting the balance sheet adjustment account?
Looking forward to hear from you!
Thanks in Advance,
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Post balance sheet account to profit center accouting

Hi.experts.
I want to post some blance sheet accounts to profit center accounting,these account include material stock,wip. what should I do?
thanks in advance.
Fannt

Hello
Balance sheet items can be transferred periodically or online in realtime
You can transfer the following balance sheet items to Profit Center Accounting in the standard SAP system at end of period:
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   Material stocks
   Assets
   Work in process
This can be done in period closing activities for AR/AP
The assignment of payables and receivables to various profit centers is basically derived from the offsetting entry line of the FI document to which they belong. It is not possible to make structural changes to them within Profit Center Accounting. If, for example, you assign a new profit center to a material, or change the derivation rules when creating sales orders, these actions do not affect the assignments of documents which have already been posted.
The payables and receivables to be divided are calculated in FI at the end of the period. To do so, call up the SAP Easy Access screen and choose Accounting ® Financial Accounting ® General Ledger ® Periodic Tasks ® Closing ® Regroup ® Debit Balance Sheet Account Subsequently.
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You obtain a list of all the company codes in the active controlling area. Select the desired company codes and the period and fiscal year which you want to transfer to Profit Center Accounting.
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You can call up the function for transferring material stocks in Profit Center Accounting Customizing, under Actual Postings ® Transfer Selected Balance Sheet Items ® Set Up Material Stocks.
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You access the transfer function by choosing the following path from the Customizing menu for Profit Center Accounting: Actual postings ® Transferring selected balance sheet items ® Generate opening balance for work in process.
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You generally work with the standard results analysis version 0. Should you wish to use a different results analysis version, note that this must be set up in CO Customizing for updating in Financial Accounting, as the corresponding account determination is required.
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You access the transfer program by selecting Actual postings ® Transferring selected balance sheet items ® Generate opening balance for assets in Customizing for Profit Center Accounting.
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You should run the program in the background, as large amounts of data are normally selected. If you select the field Line item, a line item will be created for each asset in Profit Center Accounting. When handling a large volume of data, you should only use this option for test purposes.
The system assigns assets to profit centers indirectly, via assigned internal orders or cost centers (see Assigning Assets). The program transfers the acquisition and product costs, as well as cumulated value adjustments. The accounts used for this transfer are taken from account determination for Asset Accounting.
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Reg
*assign points if useful

Change balance sheet acc to expense account

Hi experts.
My company want to change some wagetype from Balance sheet acc to expense acc.Is it possible to do it?If possible what should HR and FI team done?
Thanks in advace.

Hi,
First you need to check which symbolic accounts are assigned to those wage types.
you assign balance sheet accounts to the symbolic accounts with the following account assignment types posting to balance sheet accounts without personnel numbers (Account assignment type F).
Enter the Chart of Accounts you require. In the screen Maintain FI configuration: Automatic Posting Accounts . Choose rules to make the settings for the transaction HR Posting to balance sheet accounts (HRF).Assign GL Accounts to the concerned symbolic accounts.
you assign expense accounts to the symbolic accounts used for expense postings (account assignment type C).
Enter the Chart of Accounts you require. In the screen Maintain FI configuration: Automatic Posting Accounts . Choose rules to make the settings for the transaction HR Posting to expense accounts (HRC).Assign GL Accounts to the concerned symbolic accounts.
Cheers
Prasanth

Aging Report does not match Balance Sheet Receivables/Payables Account

Hi experts,
I am requesting your help to find out why our customer receivables/vendor payables aging reports total does not match our balance sheet accounts receivable/ accounts payable account for the same period.
I would expect
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Vendor Aging Report Total = Balance Sheet Accounts Payables Account
Thank you.
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I feel this is a design defect in the report, but it is the system behavior.
Marcia

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

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

BALANCE SHEET WITH UNASSIGNED NODES

First of all hello everybody,
In spite of being involved with balance sheet and P&L query I´m facing a problem never had before. We´re using the virtual infocube 0FIGL_V10 and its own query provided by Business Content.
Up to yesterday everything worked fine and showed up balance sheet and its nodes properly according to report in ECC. FI consultants decided to make changes in Balance Structure and turned on both credit and debit indicators in a couple of nodes. From then on relationed accounts did not appear within balance sheet but below unassigned nodes, obviously it should work properly once updated data by means of signs and so on. I removed content and reload 0GLACCEXT (its hierarchy), 0GL_ACCOUNT and infocube 0FIGL_C10 and kept failing.
Even i checked if function module supported by 0FIGL_V10 was modified and not at all.
Does anyone know what´s wrong? Is a problem of ECC customizing (don´t think so but...)? Am i missing any step?
Any suggestion would be appreciated...
Thanks in advace.

Thanks for your replies!
Simon you were right. By checking up 0BAL_DEPEND I found out that someone had disabled certain mapped fields in transfer rules...one of them was PLUMI -> 0BAL_DEPEND.
I found an article about an balance sheet sample with this field but i didn´t pay attention to.
I shall activate transfer rules and so on from BC again and hope solving it.
Thanks again.

Balance sheet in XBRL format.

Hi,
I want to present balance sheet in XBRL format is it possble to do in ECC 5.0 ??
If yes then please suggest the steps for it.
Plesase help me !! ASAP
Thanks in advance !!
Moderator message: relation to ABAP development unclear, please do more research before asking, do not use terms like "ASAP".
Edited by: Thomas Zloch on Apr 9, 2011 9:14 PM

For a very simple balance sheet just listing the balance sheet accounts and their balances for a fiscal year run t-code S_ALR_87012277. Remember to choose from the dynamic selection, Balance sheet account type = X (yes).This report will not have any grouping of accounts to various categories such as Fixed asset, current assets etc.
For a more refined balance sheet, create a Financial statement version from IMG and then use that FS version to run the report S_ALR_87012284.

BALANCE SHEET IN SAP?

Does anyone know the transaction code to run a simple Balance Sheet in SAP. Are there Balance Sheet reports within SAP or are they in the Business Warehouse.
Any information would be greatly appreciated.
Thanks,
Linda

For a very simple balance sheet just listing the balance sheet accounts and their balances for a fiscal year run t-code S_ALR_87012277. Remember to choose from the dynamic selection, Balance sheet account type = X (yes).This report will not have any grouping of accounts to various categories such as Fixed asset, current assets etc.
For a more refined balance sheet, create a Financial statement version from IMG and then use that FS version to run the report S_ALR_87012284.

Move account from P&L to Balance Sheet

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