what is the use of special g/l accounts

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what is the use of special g/l accounts..

Answer / chinnareddy

the special GL accounts in sap are used for customer and vendor advance payments settlement.

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what is the use of special g/l accounts..

Answer / akram khan

it is use whenever we are paying advance to customer and
vendors and to employees.

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what is the use of special g/l accounts..

Answer / shwetafico

the special GL accounts in sap are used for customer and vendor advance payments settlement. They are called Special GL A/C because when we post any document related to Customer Account it will hit your Accounts Receivables Account where Reconciliation Mechanism is applied.

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what is the use of special g/l accounts..

Answer / fi

SAP system requires a special GL a/c for each special GL
transaction per COA. The a/c is defined depend on account
type, the spl gl indicator and reconciliation a/c

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what is the use of special g/l accounts..

Answer / sudeep das

Also use for security deposit for Channel partner

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