Say (e.g) in Salary G/L A/c instead of giving P&L they select Balances she

Say (e.g) in Salary G/L A/c instead of giving P&L they
select Balances sheet & it is saved & in this they passed
some entry also. But now I have to Select P&L in the
Salary G/L. (Note should not create new G/L. In the same
Salary G/L I have to change) Tell me how you can change

Question Posted / malai

3 Answers
6438 Views
I also Faced
E-Mail Answers

Answers were Sorted based on User's Feedback

Say (e.g) in Salary G/L A/c instead of giving P&L they select Balances sheet & it is saved..

Answer / syam mahesh

We can change the Account Group for any GL Master even
after posting any values to that account but need to change
the status of the Account from B.S to P&L before doing
balance carry forward.

Procedure:
1. Block the required GL for any further posting first.
2. Go to GL Master in the change mode and change the
Account Group from Balance Sheet to Profit & Loss Account.,
if it gives you the warning message to change, then change
the warning message to error message if you have
authorisation to change.
3. Run a Program in SE38 for the changes to effect on
transactional data.
4. Now dont forget to Unblock the GL Master for postings
else you will not able to do the postings.
5. If this process happen to do at the time year-end, then
carry forward the balances to take the right effect in P&L
and B.S.

Correct me if I am wrong.

Is This Answer Correct ?

4 Yes

0 No

Say (e.g) in Salary G/L A/c instead of giving P&L they select Balances sheet & it is saved..

Answer / avsp. dhurga

It is not possible to change or delete the G/L Account
after posting a document. So you have to create another
G/L account salaries account under expenses.

Is This Answer Correct ?

4 Yes

1 No

Say (e.g) in Salary G/L A/c instead of giving P&L they select Balances sheet & it is saved..

Answer / siva reddy

at the time of gl master data system does not allow to
create salary a/c as balance sheet item. if support this
situation then u have clear the a/c(salary).then change the
gl master.

Is This Answer Correct ?

1 Yes

4 No

Post New Answer

More SAP FI-CO (Financial Accounting & Controlling) Interview Questions

What is the difference between distribution and assessment?

0 Answers

vendor a/c group ,and customers a/c groups,client level or company code level

4 Answers

What is GR/IR account? Why do you maintain that? Explain the importance of GR/IR clearing account.

19 Answers IBM, Nipuna, Orica, TE,

WHICH TYPE OF PROBLEMS WE CAN FACE IN CO SUPPORT PROJECT? IT IS LITTLE BIT URGENT PLEASE REPLAY ANY ONE ASAP?

0 Answers Satyam,

What is the landscape you are following? In which one do you prefer to test functional module level changes?

4 Answers IBM,

1.What is the difference between Characteristics & Value Fields in CO-PA ?

3 Answers Wipro,

Hi, Here is an interview question. What are errors we will face in FI-MM, FI-SD, COPA integration. How u will solve. Sravan

0 Answers IBM,

What are all the segments in a Customer/Vendor master record?

5 Answers Satyam,

What are the key differences between cost center, profit center and internal order? : cost center accounting

0 Answers

What is the meaning of Retained earning account ? why it is mandatory area in SAP FI

0 Answers

why do we giwe different posting keas for different transactions ?

5 Answers

HI GURUS,anybody tell me what is the use of UTILIZATION DETERMINATION IN CIN. PLESE

2 Answers TCS,

For more SAP FI-CO (Financial Accounting & Controlling) Interview Questions Click Here