How do you get special GL indicator list in SAP?

Execute the transaction code FBKP to display the screen as shown below.

1. FIGURE 1 (EXECUTE THE TRANSACTION CODE FBKP)
2. FIGURE 2 (LIST OF SPECIAL G/L INDICATORS)
3. FIGURE 4 (ENTER THE DETAILS FOR THE NEW SPECIAL G/L INDICATOR)
4. FIGURE 5 (DEFINE THE ALTERNATIVE GENERAL LEDGER ACCOUNT)

What is special GL indicator in SAP?

The special G/L indicator determines the type of down payment. In the standard system, the special G/L indicator A is used for general down payments and I for down payments on intangible assets. End of the example.

How do you make a special GL indicator?

Select an account type/indicator combination from the list or, to configure a new combination, click Create and enter the following information:

1. Specify account type.
2. Select pre-existing special G/L indicator.
3. Enter a name.
4. Enter a description for the purpose of the indicator.

What is FBCJ used for in SAP?

The SAP FBCJ cash journal can be used to record all transactions involving cash in place of posting a journal entry via transaction code FB50. It also calculates the balance of cash available with the firm after each cash receipt or payment is posted and allows the user to print a cash journal document.

What is SAP Umskz?

UMSKZ is a standard field within SAP Cluster table bseg that stores Special G/L ind. information. You could also view this information on your SAP system if you enter the table name BSEG or data element UMSKZ into the relevant SAP transaction such as SE11 or SE80.

What does it means by special GL indicator?

Special G/L transactions are basically down payment requests, down payment made, down payment received, bill of exchange or any other transactions related to customer/vendor. such kind of transactions need to be captured separately and not to be updated directly in the customer/vendor account.

What is FBKP SAP FICO?

FBKP is used for several FI COnfiguration points including Special Transaction LIke Down payemnts. LIke. Automatic Postings ( Auto account determination for different transactions) Special G/L ( For special G/L like, Down payments) Posting Keys ( to configure posting keys)

How does SAP handle petty cash?

Petty Cash Journal Configuration in SAP

1. Create GL Account for Cash Journal.
2. Define Document Types For Cash Journal Documents.
3. Define Number Range Intervals for Cash Journal Documents.
4. Set up Cash Journal.
5. Maintain Business Transaction.
6. Set-up Print Parameter for Cash Journal.
7. Define Numbering Groups.

What is meant by cash journal in SAP?

The cash journal is a subledger of Bank Accounting. It is used to manage a company’s cash transactions. The system automatically calculates and displays the opening and closing balances, and the receipts and payments totals. You can run several cash journals for each company code.

What is special ledger?

Special Ledger means a record established and maintained by FBL in which the Unit Accounts for the Officers and the Units credited to the accounts are noted.

For which special GL indicator do you specify a target special GL indicator?

down payment
The target special G/L indicator is the special G/L indicator for the down payment. It is required when creating a down payment from the down payment request. The system uses this indicator to determine the special G/L account to which down payments are posted.

How are special GL indicators defined in SAP?

There are special posting keys/indicators defined in the system to regulate the postings. You need to specify the special GL indicator like F-Down Payment request , A-Down Payment etc for processing a transaction.The system will automatically define the posting keys for posting these special GL transactions.

What are the special g / L posting keys for SAP?

The standard special G/L posting keys are as follows: SAP special G/L indicator configuration must be done based on the combination of account type (vendor, customer, asset, etc.) and the special G/L account indicator (down payment, bill of exchange receivable, guarantee, etc.).

What are the posting keys for special GL?

You need to specify the special GL indicator like F-Down Payment request , A-Down Payment etc for processing a transaction.The system will automatically define the posting keys for posting these special GL transactions. Posting keys are ( 09-Customer debit), (19-Customer credit) , 29& 39 are for vendors.

Which is an example of a special GL transaction?

Bills of Exchange transactions, Down payments etc. are examples of special GL transactions. You have standard indicators delivered by SAP to identify/segregate them. You can assign alternate reconciliation account for each spl. GL indicator and system posts to that instead of normal reconciliation account.