Guarantees made are shown in the notes to the balance sheet. They are posted in the standard system as special G/L transactions. You do not need to make any further transfer postings to create the balance sheet, but can enter the account directly on a balance sheet item.

Although guarantees received are not shown on the balance sheet, you can still post them as special G/L transactions. By means of the special G/L account, you are then able to display all your guarantees (for internal purposes for example). By accessing the respective vendor account, you can also display an overview of the guarantees for each business partner.