Symbolic accounts

Question

hi experts
can any one explain me about symbolic accounts, and the difference between symbolic accounts and g/l accounts.how to post payroll results to fico

Answer 1

Symbolic Accounts were created by HR Consultants
For each wage type that we have in PY will be haveing a Symbolic Accounts
where as Genral Ledger Accounts were created by FICO
and those Symbolic acccounts are linked with the GL given by FICO people
for better understandin ccheck the below one
http://help.sap.com/saphelp_erp2005vp/helpdata/en/81/42b09e4a3711d189490000e8323c4f/content.htm
Table V_T52EM
Transaction Code SPRO
Menu Path IMG -> Payroll India -> Reporting for Posting Payroll Results to Accounting -> Activities in the HR System -> Employee Grouping and Symbolic Accounts -> Define Employee Grouping Account Determination
Details of Configuration Maintain SAP Standard entries. Account assignment can also be done based on various employee subgroup using the feature u2018PPMODu2019 which can be seen under this node.
Define Symbolic Accounts
Table V_T52EK
Transaction Code SPRO
Menu Path IMG -> Payroll India -> Reporting for Posting Payroll Results to Accounting -> Activities in the HR System -> Employee Grouping and Symbolic Accounts -> Define Symbolic Accounts
Details of Configuration Define Symbolic accounts for balance sheet and expense accounts. Account assignment type = C for expense and F for Balance sheet accounts.
Maintaining Wage Types
Define Posting Characteristics of Wage Types
Table V_T52EZ, V_T52EL
Transaction Code SPRO
Menu Path IMG -> Payroll India -> Reporting for Posting Payroll Results to Accounting -> Activities in the HR System -> Maintaining Wage Types -> Define Posting Characteristics of Wage Types
Details of Configuration The posting characteristics of individual wage type can be done here depending upon the requirement. For example, the basic pay wage type u20181000u2019 is linked to symbolic account u20188888u2019(Salaries & wages) as below. If the model wage type is used for creating a new wage type, then this entry is created automatically.
2.1.1 Maintain Posting Date for Payroll Periods
Table T549S
Transaction Code SPRO
Menu Path IMG -> Payroll India -> Reporting for Posting Payroll Results to Accounting -> Activities in the HR System -> Maintain Posting Date for Payroll Periods
Details of Configuration Posting Date for different payroll periods can be done as follows. The Pay Day is already generated in the earlier step 4.1.5. This Pay Day can be created as Posting date. Otherwise, the difference in days has to be mentioned in the specification screen for different Posting date.
Create Posting Variants
Table V_T52E2
Transaction Code SPRO
Menu Path IMG -> Payroll India -> Reporting for Posting Payroll Results to Accounting -> Activities in the HR System -> Maintain Posting Date for Payroll Periods
Details of Configuration Posting Variants for payroll posting can be created here. This is an optional step.
Activities in the AC System
Assigning Accounts
Assign Balance Sheet Accounts
Table T030
Transaction Code SPRO
Menu Path IMG -> Payroll India -> Reporting for Posting Payroll Results to Accounting -> Activities in the AC System -> Assigning Accounts -> Assign Balance Sheet Accounts
Details of Configuration This is basically interface between HR & AC system by linking Symbolic accounts to the respective Balance sheet accounts as follow.
Assign Expense Accounts
Table T030
Transaction Code SPRO
Menu Path IMG -> Payroll India -> Reporting for Posting Payroll Results to Accounting -> Activities in the AC System -> Assigning Accounts -> Assign Expense Accounts
Details of Configuration This is basically the interface between HR & AC system by linking Symbolic accounts to the respective Expense accounts as follow.
Assign Technical Accounts
Table T030
Transaction Code SPRO
Menu Path IMG -> Payroll India -> Reporting for Posting Payroll Results to Accounting -> Activities in the AC System -> Assigning Accounts -> Assign Technical Accounts
Details of Configuration The single entry here is required for accounting key u20181001u2019 to salary payable account u2018230116u2019 for the purpose of automatic account posting.
Assign Vendor Accounts
Table T030
Transaction Code SPRO
Menu Path IMG -> Payroll India -> Reporting for Posting Payroll Results to Accounting -> Activities in the AC System -> Assigning Accounts -> Assign Vendor Accounts
Details of Configuration This is basically the interface between HR & AC system by linking Symbolic accounts to the respective Vendor accounts(Account Assignment type K u2013 Personal Vendor, KF u2013 Fixed Vendor) which was created in Transaction u2018FK01u2019.
Check Customizing for Account Determination
Table None
Transaction Code SPRO
Menu Path IMG -> Payroll India -> Reporting for Posting Payroll Results to Accounting -> Check Customizing for Account Determination
Details of Configuration The account assignment for all the wage types through symbolic account can be displayed here.