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Define Accounts for Automatic Offsetting Entry

In this activity you define the G/L accounts to which the system posts the offsetting entry for specific special G/L transactions, for example, guarantees or bills of exchange.

The account specification is differentiated by the chart of accounts and a key that contains the account type and the special G/L indicator.

Standard settings

The standard system contains posting keys for all transactions.

Activities

1. Specify the accounts for the necessary transactions. Only change the posting keys if you are not using the posting keys delivered with the system.
2. Make sure that the specified accounts are created.