: There are different ways to create general ledger accounts. In fact the creation gl account is duty of the core team members rather than consultants. Hence the sap has provided the option of creation of gl accounts in both img screen and easy access screen. We can open the accounts form any of the opting. The creation can be done in following ways in real time.
- 1. up loading the data from existing legacy system.(with the help of Ismw rbdc, with or without help of technical consultants)
- 2. Copy the general ledger accounts from any of the template gl accounts used in the country.
- 3. Creation of general ledger accounts by creating sample accounts.
- 4. Creation of general ledger accounts manually.
In real time most of time we upload the data form legacy system, which reduces the implementation time of the project. The creation of general ledger accounts depends on the clients accounting system they follow. If they are following centralized accounting system we can open the account in chart of account level first and set the company code customization requirement latter. If the company is following decentralized system of accounting we can open the general ledger accounts in centrally option. Depending on the requirement of project we can adopt any suitable method of opening the gl accounts.
For the purpose of opening gl account we need bifurcation of all accounts as under and select the minimum configuration requirements made in the following box. For opening the gl account the Path is: spro>img>fa>gla>g! accounts>master data>preparations>gl account creation and processing>edit gl account (individually)>edit gl account centrally.
TC: F800 or you can access the screen through easy access screen also. General ledger accounts groups for the purpose of creation only (do not compare with account groups)
1. All expenses will be formed into group (because the master data requirements are similar to all expenses accounts hence made expenses. You open one account in expenses; with the help of those expenses we can create any number of accounts as required.
2. All incomes
3. Clearing accounts (expenses payable and income receivable gr/ir clearing accounts cash clearing accounts)
4. Reconciliation accounts :( accounts payable account, accounts receivable account, asset acs)
5. Bank accounts (all cash accounts, bank accounts, including loan accounts)
6. General liabilities (share capital, misc)
1. Opening of expenses accounts: give the company code and give the account number you want to open and select the create button give details as in the second box.
