Rent provision:
Path : Accounting – Financial Accounting – General ledger –Periodic processing – Closing – Valuate- Enter Accrual / Deferral Document (Tr.Code is FBS1)
Document date : Today date
Type :SA
Company code : AML
Reversal reason : Select 11
Reversal date :1.11.2008 (next months)
Posting key :40
Amount :400300 (Rent A/c)
Enter
Amount :50000
Business area :AMLH
Text : Rent provision for October
Posting key :50
Account no. :100500 (out standing exp)
Enter
Amount : *(star)
Business area : AMLH
Text :+
From the menu select document –>Simulate and save
Salaries provision:
Tr.Code is FBS1
Document date :3110.2008
Posting date :31.10.2008
Type :SA
Company code :AML
Reversal reason :11
Reversal date :01.11.2008
Posting key :40
Account :400100 (Salaries A/c)
Enter
Ignore the warning message press enter
Give the amount 100000
Business area AMLH
Text :Salaries provision for the month of October
Posting key 50
Account :100500 (outstanding exp.)
Enter
Amount : *
Business area :AMLH
Text :+
From the menu select document –> Simulate and save
Reversal accrual / Deferral document :
Path : Accounting – Financial Accounting – General Ledger – Periodic processing – Closing –Valuate – Reverse accrual / Deferral Document (Tr.Code is F.81)
Give the company code : AML
Reverse posting date :01.11.2008
Select text run check box
Execute (F8)
Select reversal documents button
Select back arrow
OPTION 2 : Open Item Management
This is used vendors customers / Balance Sheet items where clearing is required. We have to select open item management check box
While crating the GL accounts
Out standing Expenses
Salaries A/c 500000
Wagers A/c 300000
Bank 25000 Rent a/c 25000
We can see the account in 3 ways
1. Open items: Payable – Salaries and wages
2. cleared items : Paid rent and bank
3. All items : Payable + paid
3. Scenarios
1st Scenario 2nd Scenario 3rd Scenario
Full Clearing Partial clearing Residual items method
Provisional and payment –
Same amounts
A) Rent Provision –(Transaction code F-02)
Document Date & posting date :13.10.2008
Type : SA
Company code : AML
Posting key :40
Account no. :400300 (Rent A/c.)
Enter
Give the amount :15000
Business area :AMLH
Text : Rent provision
Posting key :50
Account no. :100500 (outstanding exp)
Enter
Amount :* (enter star)
Business area :AMLH
Text :+
From the menu select Document –> Simulate and save
B) How to view open item managed account transactions:
Path : Accounting – Financial Accounting – General Ledger- Account – Display / Change line items (Tr. Code is FBL3N)
Give the GL Account :100500 (outstanding exp)
Company code : AML
Select open items radio button
Select normal items check box
Execute (F8)
