Definitions of General Ledger accounts in SAP | Toolbox Tech

I think we need some clarity here. What do you mean by “GL account definition”? Do you mean something as simple as the length of the account number? Or ... EXPLORE Newsletters FOLLOWUS Facebook Twitter LinkedIn RSS Youtube Chooseyourinterests Getthelatestnews,expertinsightsandmarketresearch,sentstraighttoyourinbox. NewsletterTopics Selectminimum1topic   Business   Tech   Marketing   HR Newslettersmaycontainadvertising.Youcanunsubscribeatanytime. EnterpriseSoftware DefinitionsofGeneralLedgeraccountsinSAP 1.31KviewsJuly25,2020 0 Anonymous April14,2015 0Comments Hi, IhavebeenassignedtofindtheGLAccountdefinitionforaccountingsystem.OursystemisbuiltbySAPandIwaswonderingiftherewasamasterrecordofGLaccountdefinitioninthesystemrathercreatinganotherdefinitiononmyown? 14 Answers ActiveVotedNewestOldest 0 nklein PostedApril14,2015 0 Comments Ithinkweneedsomeclarityhere.Whatdoyoumeanby“GLaccountdefinition”?Doyoumeansomethingassimpleasthelengthoftheaccountnumber?Orsomethingelse? Nikki 0 Anonymous PostedApril14,2015 0 Comments Imeanthedefinitionofeachaccountsuchassets,liabilities,revenueandexpenses. 0 Anonymous PostedApril14,2015 0 Comments ImeaneveryGLaccountdefinitionforassets,liabilities,revenueandexpense. 0 LouisCorato PostedApril15,2015 0 Comments Itsoundslikeyou’refromtheITsideofthehouse.Youshouldgettogetherwiththeaccountingsideofthehouseanddiscusswiththemwhataccountingstructuretheywouldliketosee. Forexample,onecompanyIknewuseda7-digitaccountnumberoutofthe10possiblepositionsandanythinginthe7100000to7699999wasconsidered“expense”.Thereweresub-accountsbasedonthefirstfourdigits,so7100wasallexpensesrelatedtosalariesandwages.Therefore,7100001to7100999gavethem1,000accountsjustforsalariesandwagesofallsorts. Isthiswhatyou’reasking? Lou 0 Anonymous PostedApril15,2015 0 Comments No,Iamontheaccountingside.Thereare1400glaccountsandIhavebeenassignedtowritethedefinitionofeachaccountthatuse.Weusedigitaccountforourorganizationwith1and2forassets,3and4forliability,5forreserves,8forrevenueand9forexpenses. 0 Anonymous PostedApril15,2015 0 Comments No,Iamontheaccountingside.Thereare1400glaccountsandIhavebeenassignedtowritethedefinitionofeachaccountthatuse.Weuse10digitaccountforourorganizationwith1and2forassets,3and4forliability,5forreserves,8forrevenueand9forexpenses. 0 nnanda PostedApril15,2015 0 Comments Hi, Areyouaskingabout“SampleAccount”option?http://help.sap.com/saphelp_470/helpdata/en/c7/a88d4943dd11d182b30000e829fbfe/content.htm -NickNanda 0 LouisCorato PostedApril15,2015 0 Comments Okay,great.Soyoualreadyhavethegroupingsbasedonwhatyou’vetoldus.DotheseaccountsexistinyourSAPsystemoraretheycomingfromanothersystemandyouarejustsettingthemupforthefirsttimeinyournewSAPsystem? I’mstilltryingtounderstandwhatitisyou’retryingtodo. Lou 0 Anonymous PostedApril15,2015 0 Comments OKIgoingtogiveanexampletomakeiteasier.GLaccounts110000000hasaaccountnameofgeneralcashsoitismyjobthedefineandgivethepurposeoftheaccount. 0 JayHunt PostedApril16,2015 0 Comments WhereIhaveworkedtheyhavesomethingcalleda“ManualofAccounts”whichdefinesthebusinesspurposeforeachaccount.Theaccountswerecreatedbythebusiness,forthebusiness,andthemanualexplainshowthebusinessintendsforthemtobeused.Youseemtobeaskingifthereisadefaultsetofaccountsdefinedinsuchaway.True? 0 Anonymous PostedApril16,2015 0 Comments Yes,somethingsimilartothat. 0 NatoshaWalden PostedApril16,2015 0 Comments AsaFICOFunctionalIT/Businessimplementer,typicallyhiredforthebusiness,wegatheryouraccountstructurerequirementsthatcurrentlyexist,andweaskforyou,thebusiness,tosayapproveduseseries…example4…Seriesaccountsforassetswithonly6digits…17…seriesaccountwith6digitstorepresenttheexpenses…soonandsoforth..account.SowhattheyshouldbeaskingforyoutodoistoprovideyourcurrentfunctionalGLaccountstructure,andtellthemyournewSAPstructureplanandnamethemaccordingly…andthentheycanjusttranslatetonewSAPstructureandgetyourapproval…likepreviouslyreportedinyourP&L…Ihopethishelps…itshouldnotcauseyoustress,nordoubt,andyoushouldbeabletoaskyourIT/businessliaisonforbetterdirectionifyouarenotsureoftheinstruction,anditshouldnotbetimeconsumingyourrequestforimplementationforFICOalreadystructuredandreportingcurrently…hopethisfurtherhelpsyouseeyourpath 0 srikanthkvs PostedApril16,2015 0 Comments Hi PleaseuseTCodeFS00tocreateGLAccountsintoSAP.YouwillnothavepredefinedGLAccounts.DefineAccountGroupsandnumberrangesforGLAccountsandthencreateGLswithrelevantShortText. Hopethisendsyourprb. RegardsSrikanth. 0 AtulPunjani PostedMay11,2015 0 Comments TryTcode–OBD4anditwillgiveyougroupingofGL Register or Login Popular 1 SpiceWorldVirtual2021EventRecap:3KeyTakeaways 2 BackupData:WhyCompaniesShouldInvestinIt 3 ITServices&RemoteMonitoringSolutionsfortheEdge:AnUnmissableBusinessOpportunityforMSPs RecentCommentsKumarssSponOracleLaunchesAI-EnabledSystemToAutomateLeadGenerationandQualificationJamesOoionWhatIsITInfrastructure?Definition,BuildingBlocks,andManagementBestPracticesBlazejPawlakonWhyWe’reNotAllFlockingtoMistandMerakiWireless:[email protected]’sNemesisDarkSideNowHasa$10MBountyOnItsHeadRichardBarnesonBuildanAppin15MinutesWithZeroCodingUsingAppianQuickApps Welcomeback! SigninwithFacebookSigninwithGoogleSigninwithLinkedIn SigninwithEmail NoAccount? Signup Bysigningin,youagreetoourTermsofUseandPrivacyPolicy.Newslettersmaycontainadvertising.Youcanunsubscribeatanytime. ResetYourPassword We'llsendanemailwithalinktoresetyourpassword. 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