What is meant by General Ledger?

Hi,
    What is meant by General Ledger?I need practical explanation by taking an example?
Regards,
Gopi.

This is a term used in basic accounting.
http://www.businesstown.com/accounting/basic-general.asp
Regards,
Rich Heilman

Similar Messages

  • What is the system variables of document number in General Ledger PLD?

    Dear all,
    Would anybody kindly tell me what is the system variables of document number in General Ledger Print Layout Designer?
    The default print layout use transaction number (system variables 272), however, my client wants document number to be displayed in the transaction number column.
    Regards,
    Simon Chiu

    Hi
    The only list available for Supported variables is for the version 2007A and for some specific localizations like Brazil and India.
    For the 2007A version the list is available in the following link:
    http://service.sap.com/smb/sbo/pld
    'How To Use the PLD Variables File in Release 2007 A '
    But in general the variables are for documents not for reports.
    In this case I believe there's no variable and you may need to fill a requirement in the Forum for that.
    Paulo Calado
    SAP Business One Forums Team

  • Please tell me what  is General Ledger Account

    Hi Friends,
        I am new to workflow and working with FI module.Please let me know the flow of FI and what is General ledger Account in detail.
    Please provide me with good documentation or urls etc on FI Accounts Payable module...
    Thanks in Advance,
    Latha.

    Hi Latha,
        Welcome To SDN!!
    General Ledger Account  is a term used in basic accounting.
    http://www.businesstown.com/accounting/basic-general.asp
    fi FLOW:
    Basically there are 5 major topics/areas in FI,
    1. GL Accounting -
    related tables are SKA1, SKB1 Master data
    BSIS and BSAS are the Transaction Data
    2. Account Receivables- related to Customer
    All the SD related data when transfered to FI these are created.
    Related Tables BSID and BSAD
    3. Account Payables - related Vendor
    All the MM related documents data when transfered to FI these are created
    Related Tables BSIK and BSAK
    All the above six tables data is present in BKPF and BSEG tables
    You can link these tables with the hlp of BELNR and GJAHR and with Dates also.
    4. Special Purpose Ledger.. which is rarely used.
    5. Asset Managment
    In CO there are
    Profit center Accounting
    Cost center Accounting will be there.
    Cross-Application Components -> Financial.
    http://help.sap.com/saphelp_470/helpdata/en/e1/8e51341a06084de10000009b38f83b/frameset.htm
    you will go through this link
    http://www.sapgenie.com/sapfunc/fi.htm
    Check this Link it out
    http://www.sap-img.com/sap-download/sap-tables.zip
    FI-CO
    http://www.sapbrain.com/TUTORIALS/FUNCTIONAL/FI_tutorial.html
    http://www.sapbrain.com/TUTORIALS/FUNCTIONAL/CO_tutorial.html
    Main Tables in 5 FI/CO :
    5.1 FI :
    5.1.1 Master data
    SKA1 Accounts
    BNKA Bank master record
    5.1.2 Accounting documents // indices
    BKPF Accounting documents
    BSEG item level
    BSID Accounting: Secondary index for customers
    BSIK Accounting: Secondary index for vendors
    BSIM Secondary Index, Documents for Material
    BSIP Index for vendor validation of double documents
    BSIS Accounting: Secondary index for G/L accounts
    BSAD Accounting: Index for customers (cleared items)
    BSAK Accounting: Index for vendors (cleared items)
    BSAS Accounting: Index for G/L accounts (cleared items)
    5.1.3 Payment run
    REGUH Settlement data from payment program
    REGUP Processed items from payment program
    5.2 CO :
    TKA01 Controlling areas
    TKA02 Controlling area assignment
    KEKO Product-costing header
    KEPH Cost components for cost of goods manuf.
    KALO Costing objects
    KANZ Sales order items - costing objects
    5.2.1 Cost center master data
    CSKS Cost Center Master Data
    CSKT Cost center texts
    CRCO Assignment of Work Center to Cost Center
    5.2.2 Cost center accounting
    COSP CO Object: Cost Totals for External Postings
    COEP CO Object: Line Items (by Period)
    COBK CO Object: Document header
    COST CO Object: Price Totals
    Regards
    Kiran Sure

  • Hi There, What is General ledger Transfer in Accounting Close Cycle (INV)

    Hi There,
    What is "General ledger Transfer" in Inventory
    <N>Accounting Close Cycle inside -->General ledger Transfer
    Can any one breaf on the topic
    Thanks Bachan
    Message was edited by:
    Bachan

    Hi,
    You can transfer a summarized inventory/work in process activity for a given period
    into the general ledger interface. Using Journal Import in Oracle General Ledger, you can then post this information to the general ledger. You can perform the general ledger transfer at any time during an open period-not just at period close. The transfer loads summary or detail accounting activity for any open period into the general ledger interface, including both inventory and work in process entries. When more than one period is open, the transfer selects transactions from the
    first open period up to the entered transfer date, and passes the correct accounting date and financial information into the general ledger interface.
    When transferring detail entries, the accounting date in the GL_interface table is
    populated with the period end date of the accounting period. When you transfer
    summary entries with two periods open, and you enter a transfer date in the second period, the transfer process assigns the period one end date for all the summarized transactions in period one, and assigns the entered transfer date for the summarized transactions in period two. Using Journal Import and Post Journals processes in Oracle General Ledger, you can then post this information to the general ledger.
    Interim transfers allow you to reconcile and transfer information weekly, for
    example, making the month-end period close process much simpler and faster.
    Note: If time permits, run the general ledger transfer process up to the period end date before closing the period. Since you cannot reopen a closed period, running this process before period close allows you to proof the summary transactions and make adjustments to the period via new inventory transactions as necessary. This makes the month-end period close process much simpler and faster
    Thanks,
    Anish Daniel

  • What is general ledger corresponding accounts?

    what is general ledger corresponding accounts...is there any specific reports in standard sap.

    Dear Salsa,
    I guess, general ledger corresponding account means, that for a GL account, if I want to see the offsetting accounts that have hit it in the journal entry.
    Eg:
    In the entry
    Expense A/c Dr
      To Vendor account
    The corresponding account for the Vendor account is the expense account and for the expense account, the corresponding account is the vendor account.
    There is a standard report for the same - S_ALR_87012313
    Assign points if useful
    Regards
    Venkatesh

  • General Ledger Accounting (New): Line Items 0FIGL_O14  Performace issue

    Dear Forum,
    We are facing a performance issue while loading the data to 0FIGL_O14 General Ledger Accounting (New): Line Items from  CUBE ZMMPRC01 -> ODSO 0FIGL_O14 DSO.
    Please see my requirement below for updating the data to 0FIGL_O14 DSO.
    This report is generated to display Dry Dock and Running Repair expenses for the particular Purchase orders with respective G/L's.
    1) The G/L DSO will provide us the 0DEBIT_LC and    0DEB_CRE_DC Foreign currency amount with signs (+/-) amounts and.
    2) ZMMPRC01 Cube   will provide us the 0ORDER_VALUE  (Purchse order value)and    0INVCD_AMNT Invoice  amount.
    While we are loading the data from  CUBE ZMMPRC01 -> ODSO 0FIGL_O14 DSO ,we have created nearly 19 InfoObject  level routine to derive the below mentioned fields data for MM Purchase Order related records.
    0CHRT_ACCTS    Chart of accounts
    0ITEM_NUM      Number of line item within accounting documen
    0AC_DOC_NO     Accounting document number
    0GL_ACCOUNT    G/L Account
    0COMP_CODE     Company code
    0COSTCENTER    Cost Center
    0CO_AREA       Controlling area
    0COSTELMNT     Cost Element
    0SEGMENT       Segment for Segmental Reporting
    0BUS_AREA      Business area
    0FUNC_AREA     Functional area
    0AC_DOC_NR     Document Number (General Ledger View)
    0AC_DOC_TYP    Document type
    0POST_KEY      Posting key
    0PSTNG_DATE    Posting date in the document
    0DOC_CURRCY    Document currency
    0LOC_CURTP2    Currency Type of Second Local Currency
    0CALQUART1     Quarter
    0CALYEAR       Calendar year
    For reference Please see the below logic to derive the data for PO related record.
    DATA:
          MONITOR_REC    TYPE rsmonitor.
    $$ begin of routine - insert your code only below this line        -
        ... "insert your code here
        types : begin of ty_FIGL,
                    CHRT_ACCTS type /BI0/OICHRT_ACCTS,
                    ITEM_NUM type /BI0/OIITEM_NUM,
                    AC_DOC_NO type /BI0/OIAC_DOC_NO,
                    GL_ACCOUNT type /BI0/OIGL_ACCOUNT,
                end of ty_FIGL.
        data :it_figl type STANDARD TABLE OF ty_figl,
              wa_figl type ty_figl.
        SELECT single CHRT_ACCTS
                        ITEM_NUM
                        AC_DOC_NO
                        GL_ACCOUNT from /BI0/AFIGL_O1400
                          into wa_figl
                          where DOC_NUM = SOURCE_FIELDS-DOC_NUM and
                                DOC_ITEM = SOURCE_FIELDS-DOC_ITEM and
                                /BIC/Z_PCODE = SOURCE_FIELDS-/BIC/Z_PCODE
                                and
                                /BIC/Z_VOY_NO = SOURCE_FIELDS-/BIC/Z_VOY_NO
                                and
                                FISCYEAR = SOURCE_FIELDS-FISCYEAR.
        if sy-subrc = 0.
          RESULT = wa_figl-AC_DOC_NO.
        ENDIF.
        clear wa_figl.
    Please note the same kind of logic is applied for all the above mentioned fields.
    Here is my concerns and issue.
    For the all above all routines i am referring BI0/AFIGL_O1400
    DSO and finally loading to the Same DSO(BI0/AFIGL_O1400
    The worried part is my DSO  0FIGL_O1400 is currecnly having nearly 60 Lacks records and MM cube is having nearly 55 requests which are required to update to the Above DSO for PO related PO value and Invoice amount.
    The big issue here is while uploading data from MM cube to DSO say for example if the request is having  25,000 records from this  nearly 500-600 records will be updated to DSO.
    But here it is taking huge time ( nearly 3 days for request ) for updating  these records , like this i have to pull 50 more requests from Cube to DSO as per the requirement.
    Please note as of now i haven't created any indexes on DSO to improve this loads.
    Please note am facing this issue in Production environment and need your help ASAP.
    Thanks & Regards,
    Srinivas Padugula

    Hi,
    If selecting data from 0FIGL_O14 is taking long time then you can create secondary indexes on DSO.
    0FIGL_O14 would be huge as data volume directly corresponds to data volume in BSEG.
    But for you requirement, I think what you can do is,
    1. create multiprovider on top of DSO and Cube and create Bex report to give you the fields requried from both the infoproviders, you can then use open hub or APD approach to keep the data in the staging table or direct update DSO and then load the data to the DSO
    2. Create secondary indexes on DSO so that fetching would be faster.
    3. Do the enhancment at R/3 level to fetch fields from MM during load of G/L
    Regards,
    Pravin Karkhanis.

  • New user just for entering JE and General Ledger

    hello experts,
    I created a user, just to enter few of the Journal Enteries and General Ledgers. I gave the rights for JE and also Financial reports but when I open the "G/L account and Business Partner" Report in Financial Report > Accounting, it open the initial parameter window but all Blank I mean no field in it but just OK and Cancel Button.
    Also when I open the next report "General Ledger" Report in the initial parameter window. It does not show the Business Partner or Account Selection field on the top of this said windows.....
    Is there any special Authorization required for this
    Help Required ....

    What is this user license type?  All financial transactions need professional license.
    Thanks,
    Gordon

  • Reviewing General Ledger Accounts - No line item detail

    I have just started with a new company using SAP Business One for the first time. My frustration is when reviewing the general ledger line items that there is no detail coming through that lets me see what the amounts relate to.  No Description or Vendor  Name.  There is absolutely no way I can see if there are any posting errors to accounts unless I drill into each and every line item to see what it is.  I have been into Form Settings but the fields required are not available options to select.
    Every accounting system I have ever used has this standard feature - from off the shelf packages to customised SAP R/3. 
    I have spoken to the Implementation Company's Support Line and they have said that it would be a costly exercise to request a report that provides this information. 
    I can't accept that this is standard - why would anyone use the system????
    I guess I just want to hear that this is not the norm with SAP Business One
    Thanks

    Try the General Ledger Report, there is a little more detail there - the BP Name is, I'm sure, included in that and you still get the drill down.
    In the account balance screen, you can add the "Details" field which may give you more information as it usually contains the BP Code. It is not a difficult exercise for you support team to add a formatted search to populat that with the account name instead - it is a reasonably common customisation.

  • Best practice for retraction of data from BPC 10.0 to General Ledger

    Hi All,
    I have the requirement to retract data from BPC 10.0 to General Ledger.
    What is the best practice for doing this?
    I have read the "How To... Retract data from BPC 7.5 NetWeaver to SAP ERP Cost Center Accounting, Part I", but this is prepared to transfer data to Cost Center accounting. Will General Ledger be populated automatically?
    What is your opinion on this?
    Best regards,
    JA

    Hi Rich,
    In BPC 10 NW, the data entered in Input Forms has to be retracted to ECC.
    For this retraction we are following below link.
    http://www.sdn.sap.com/irj/scn/go/portal/prtroot/docs/library/uuid/c029accf-6d95-2d10-79aa-cc291180bf73?QuickLink=index&overridelayout=true&59180354379512
    In this document, I am unable to get the details of class ZCL_BPC_RTRCT_SUPERCLASS.
    as it is Z class, i am unable to create in my system.
    could you please help me.

  • Interview Questions for FI- General Ledger and Special Purpose Ledger

    Hi Experts,
    Can you guys provide me interview questions for
    1) FI-SPL (Special Purpose Ledger)
    2) FI-GL (General Ledger)
    3) COPA
    4) Cost Center Accounting
    Help in this regard is highly appreciated. If you have any Interview Questions documents, please email it to [email protected]
    Thanks
    Rajanikanth.

    I have some cost center qns
    How is cost center realted to profit center?
    What is a cost element group?
    What is a cost center group?
    What is the difference between Assesment & Distribution?
    What is a activity type?
    Award points if helpful

  • Partial payment in General Ledger Open item

    Anybody know how works partial payment in general ledger open item?
    For example:
    I post a General ledger open item  for 100 usd  document nº XXXX1 in a Bank account
    Then enter incoming payment F-06 transaction,  partial payment  50 USD
    When i acces to F-06 for a new partial payment selecting by document nº XXXX1, zerop amount appear in field "Partially paid". SAP can't link original open item with partial payment for g/l open item.
    For AP and AR open item, partial payment are linked to a original open item using REBZG field, but thsi field doen't exist in BSIS.
    There are any way that for g/l open item can use partial payment (partially paid amount appaera correctly linked)?
    Thanks. Best regards.

    Hi Carlos,
    When you do F-06 for the second time
    select 2 documents
    - nº XXXX1 and
    - document posted first time with F-06
    Hope it helps
    May I know in what scenario, do you need partial payment for GL accounts ?
    also try to consider the use of residual payment.
    Regards
    Sach!n

  • Summarization in General Ledger view

    Hi Gurus,
    Facing a typical issue....
    Working on ECC 6.0.
    Document splitting across profit centers is enabled in our system.
    I am using the below data.
            Customer account    G/L account      Profit center     Amount
              123                                 3350
                                XYZ           5678           1000    with tax code O1(17.5%)
                       ABC           5678             1000      With tax code O0(NO TAX)
                       DEF           2345           1000      with tax code O1(17.5%)
    When I post a vendor invoice through FB70 for the above data. the posted document line items will be as below.
           Customer account    G/L account     Tax account      Profit center     Amount
              123                                 3350
                                XYZ                      5678           1000   
                       ABC                      5678             1000     
                       DEF                     2345           1000                
                                224706      5678             175
                                               224706      2345            175
    When I observe this document in 'General ledger view' I am able to see all the above lines as it is in 'Entry view'
    That means the summarization at "Entry view" is working fine I believe.
    Now with the same data if I post a document through  BAPI_ACC_DOCUMENT_POST, in "General ledger view" again the tax lines
    are getting splitted into two lines across profit centers as shown below
        Customer account    G/L account     Tax account      Profit center     Amount
              123                                 3350
                                XYZ                      5678           1000   
                       ABC                      5678             1000     
                       DEF                     2345           1000                
                                224706      5678            87.5
                                               224706      2345           87.5
                                224706      5678            87.5
                                               224706      2345           87.5
    Itseems the summarization is not happenning at "General ledger view" level.
    Does any body have faced the similar situation? Is there any OSS note which can rectify this? or what is causing for this problem?
    Regards,
    Nanda.

    Hi
    Maintain defult profit center in t .code :3keh
    only for balance sheet Gl accounts only
    lenin

  • Finance General Ledger dashboards data is missing.

    Hi,
    I have noticed a strange behaviour related to data loads and data visibility through the Financials Analytics dashboards.
    Let me please begin with an empty target schema.
    I run the first load having the General Ledger subject area (Full Load=Y). When it's successfully completed, I can see data in most of the tabs of the GL dashboard. In the Profitability dashboard, I can see P&L statement with data.
    However, when I run further loads for other subject areas like - paybales, receivables, revenue, cost of goods sold, supply chain, etc., I see, gradually, empty GL dashboard across its tabs. I can not see the P&L statement with data, too.
    I take an export of the schema at the end of each load and create a log for each of the export. I compare the logs and can conclude that there is no loss of data (W_GL_OTHER_F) because of, may be, the next loads that I usually do. There is no data in W_TAX_XACT_F from the first load. I notice that due to the next loads more tables are populated with data or the tables with the data have more rows. So, there is no reduced number of rows in the tables because of the next loads.
    When I 'modify' the reports in BI Answers by removing all the filters, I see no data, there, too.
    Does anyone have an idea what the is the issue here? Am I looking at the right database tables?
    Please let me know.
    Thanks and regards,
    Manoj.
    Edited by: mandix on Oct 8, 2008 4:48 AM

    Hi,
    Adding an input to my message.
    I created the same target schema in a different database and imported the first dump (GL subject area, full load = Y) into this. I am now pointing to this schema via the ODBC datasource on the BI Server server. It shows me all data in all the tabs of the GL dashboard and also, I can see the P&L statement in the Profitability dashboard, too.
    So, after the first load, I can see the data in GL dashboard tabs and the P&L statement but once more subject areas are loaded, then the GL data and P&L statement disappears. My issue still remains.
    Edited by: mandix on Oct 8, 2008 4:52 AM

  • New General Ledger - Document splitting

    Suppose a vendor invoice of 1,000 EUR assigned to 2 cost centers, CC1 and CC2 (500 EUR on each). The corresponding profit centers are PC1 and PC2.
    Entry view:
    PK Acct Amt CC PC
    31 Vendor -1000
    40 Charges +500 CC1 PC1
    40 Charges +500 CC2 PC2
    As a result of document splitting, the system splits the vendor line item in two parts: 500 EUR on CC1 (>PC1) and 500 EUR on CC2 (>PC2):
    General Ledger view (document splitting):
    PK Acct Amt CC PC
    31 Vendor -500 CC1 PC1
    31 Vendor -500 CC2 PC2
    40 Charges +500 CC1 PC1
    40 Charges +500 CC2 PC2
    We now enter a partial (manual) payment of 500 EUR relating to only one cost center (CC1).
    The following is the result of document splitting:
    General Ledger view:
    PK Acct Amt CC PC
    25 Vendor +250 CC1 PC1
    25 Vendor +250 CC2 PC2
    50 Bank -250 CC1 PC1
    50 Bank -250 CC2 PC2
    But if we draw a report by vendor by profit center, this is not correct. So, what I would like to have as a result of document splitting is:
    PK Acct Amt CC PC
    25 Vendor +500 CC1 PC1
    25 Vendor 0 CC2 PC2
    50 Bank -250 CC1 PC1
    50 Bank -250 CC2 PC2
    and the system geenrates then two additional clearing line items in the document:
    40 Clg line item -250 CC1 PC1
    50 Clg line item +250 CC2 PC2
    Does someone have an idea on how to have the amount of 500 on only one cost center (with new GL customizing or else)?
    Many thanks
    Vincent

    Dear Vincent,
    You are way ahead of me, I am caught up at the below basic level
    Entry view: ( basic data entry - FB60)
    PK Acct Amt CC PC
    31 Vendor 1000
    40 Charges 500 CC1 PC1
    40 Charges 500 CC2 PC2
    From the above how to get the doc split as you have correctly shown below. I have done complete Doc split config, Controlling config etc in my co code, but some ever some settings are not done, hence perhaps I cannot see the doc split.
    Your advise would be of immense help to me.
    Cheers
    Chincholkar Vinod

  • Variable for ReportSum of Cumulative Balance Due in the General Ledger

    Hello ,
    my Customer need in the General Ledger Report only the sum of Balnce Due, Cumulative Balance Due .
    Ok, for all i find a varible for Sum of the report. But not for the Cumulative Balance Due.
    In the Repetitive Area 0 is the variable 186 setting, thats ok.
    But in the Page Footer when i set formula  > ReportSum ("Field_with_Variable_186") the sum is the sum about all
    the row and not the Summe of all the Repetitve Area´s
    Can you help me, or what can we do?
    Thank
    Daniela

    Hello Gordon,
    that is my problem, the variable 186 is for the row, not the end of periode balance for cumulative balance due!
    For example for the end of periode of cumulative balance, i find the variable 107 and then the report sum is correct.
    The same i need for the cumulative due of all the Repetitive Area Folder in the Page or End of report folder.
    Thank´s
    Daniela

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