How To Create Reconciliation Account In Sap Fico

In this tutorial, we will learn

• How To create a New General Ledger Account
• How to Display Changes in G/L Account Master
• How to Block or Delete a G/L Account

How To create a New General Ledger Account

Step 1) Enter Transaction FS00 into the SAP command prompt , click execute.

In the Edit G/L Account Screen

1. Enter G/L Account no.
2. Company Code
3. Click Create.

Note , SAP provides you an option to create a GL account with reference to another GL account. More on this later in the tutorial.

Step 2) In the next screen

1. Enter Account Group
2. As per the type of G/L Account you are creating select either the P&L Statement Acct or the Balance Sheet Account radio button.
3. In the Short Text field, enter a short description for the new GL account.
4. In the G/L Acct Long Text field, enter a detailed description for the new GL account.

Step 3) Click on the Create/Bank/Interest tab.

Step 4) In the Field Status Group, select a GL field status group

Step 5) Click Save . A new G/L Account is created.

In case you choose to create a new SAP G/L account with reference to a template

Step 1) Enter a reference G/L account no. and Company

Step 2) Change the Short Text and G/L acct long text.

Step 3) Validate the other information on the Type/description and Create/bank/interest tabs .

Step 4) Click Save to create the G/L Account.

How to Display Changes in G/L Account Master

Step 1) Enter the Transaction Code FS04 in the SAP Command Field

Step 2) In the next screen, Enter the Following

1. Enter the G/L Account Number
2. Enter the Company Code

Step 3) In the next screen , Select the Field from the list of Changed Fields

Step 4) In the next screen, List is generated with New Value and Old Value of the field

How to Block or Delete a G/L Account

Step 1) Enter Transaction Code FS00 in SAP Command Field

Step 2) In the next screen

1. Enter the G/L Account you want to block or delete
2. Enter the Company Code

For Blocking

Step 3) In the next step , Press the Block button

Step 4) In the next screen, you have the blocking options for the G/L Accounts

For Deleting

Step 5) In the next step , Press the Mark for deletion button

Step 6) In the next screen, you have the deletion options for the G/L Accounts

How To Create Reconciliation Account In Sap Fico

Source: https://www.guru99.com/how-to-create-a-new-general-ledger-account.html

Posted by: renfrofenly1968.blogspot.com

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