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Object documentationG/L Account Determination: General Tab Locate this document in the navigation structure

 

Use this tab to specify general information for G/L account determination.

To access this tab, choose   Administration   Setup   Financials   G/L Account Determination   General  .

G/L Account Determination: General Tab
Credit Card Deposit Fee

Define an account for posting the fee for deposit of credit card vouchers.
Rounding Account

Select a default account to use in journal entries created for rounding differences. This may occur when you define rounding for certain currencies.
Reconciliation Difference

Determines the account to use for the Automatic Balancing Transaction in Automatic Reconciliation.
Period-End Closing Account

Define an account to use when performing a period-end closing process.
Realized Exchange Diff. Gain

When reconciling transactions of foreign currency G/L accounts, an exchange rate differences transaction is performed automatically. Define here the account to which the gained exchange rate difference is posted.

Realized Exchange Diff. Loss

When reconciling transactions of foreign currency G/L accounts, an exchange rate differences transaction is performed automatically. Define here the account to which the lost exchange rate difference is posted.

Bank Charges Account

Specify a default account for bank charges posting.

Note Note

Only expense accounts can be used as bank charges accounts.

End of the note.

Note Note

The field is not available for Israel.

End of the note.
Country-Specific Field: India
Incoming CENVAT Clearing Acct / Outgoing CENVAT Clearing Acct

Specify an account for CENVAT taxes posting in the excise invoice.

  • Incoming excise invoice is based on goods receipt PO, return, or A/R credit memo.

  • Outgoing excise invoice is based on delivery, goods return, or A/P credit memo.

These accounts are reversed when the A/P invoice or A/R invoice is posted.
PLA

Specify an account for PLA.

Note Note

  • The account name appears after you select an account.

  • Only G/L accounts with multi-currency or local currency are valid.

  • A PLA account cannot be modified or deleted if it is involved in a transaction.

End of the note.
TDS Interest Acct / TDS Other Charges Acct

Specify a G/L account for each account type to record interest amounts and other charges when you create outgoing payments.
Country-Specific Fields: Mexico and Chile
G/L Revaluation Offsetting Account

Select the offsetting G/L account to use when a G/L revaluation journal entry is created.
Country-Specific Fields: Mexico
REPOMO Revaluation Account

Specify the G/L account to use when a REPOMO revaluation journal entry is created. This account is credited or debited in the REPOMO account revaluation.

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G/L Account Determination