Special G/L Indicators (Accounts Receivable) (SAP Library - FI Accounts Receivable and Accounts Payable)

Special G/L Indicators (Accounts Receivable)

Definition

Identifies a special G/L transaction. Special G/L transactions include for example, down payments or bills of exchange.

Use

To enter a special G/L transaction, you must enter a special G/L indicator in the line item. The system then posts the line item to a reconciliation account different to the one in the customer master record.

Structure

These special G/L accounts are reported separately in the balance sheet. The most frequent special G/L transactions are:

Security deposits

Down payments

Bills of exchange

Guarantees

Individual value adjustments

Amortization

Interest receivable

Note

You can post down payments and bills of exchange using special functions.