WHAT Z SPECIAL G/L TRANSACTIONS?




Answers were Sorted based on User's Feedback



WHAT Z SPECIAL G/L TRANSACTIONS? ..

Answer / hannah

Hi,
Special ledger Transactions are sub-ledger includes
1) Advances
2) Bills of Exchanges
3) Guarantees.

eg: for Advance to vendor we use 'A' as sp.g/l indicator.
eg: for Bill of exchange we use 'W' as sp.g/l indicator.

Thank you.

Is This Answer Correct ?    12 Yes 1 No

WHAT Z SPECIAL G/L TRANSACTIONS? ..

Answer / am abul hussain alam

special g/l transaction are in which advance payments are
involved.We use spl.g/l indicator for making any splg/l
transacion.


eg.for making adv.to vendor we use 'A' as sp.g/l indicator.

Is This Answer Correct ?    7 Yes 1 No

WHAT Z SPECIAL G/L TRANSACTIONS? ..

Answer / sandy

The G/L transactions other than AP & AR are known as special
G/l Transactions. Items like Advance to customers, Bills of
exchange, Interest etc are treated as Special g/l tnxs
Usually for Special G/l tnx there would be a reconciliation
account

Is This Answer Correct ?    7 Yes 3 No




WHAT Z SPECIAL G/L TRANSACTIONS? ..

Answer / sanjeev

special g/l transactions mend by other than ap or ar


for ex:1) Advances
2) Bills of Exchanges

Is This Answer Correct ?    1 Yes 0 No

WHAT Z SPECIAL G/L TRANSACTIONS? ..

Answer / reshmi

spcl gl is sumthing which rnt normal gl business transactions like adv payment to vendors, adv. received from customer, bill of exchange received from customer.In sap we can use existing spcl gl indicator or we can create spcl gl indicator of our own. For this we need to make an recon a/c in gl which is a link between s/debtors or s/creditors with the spcl gl indicator.

Is This Answer Correct ?    1 Yes 0 No

WHAT Z SPECIAL G/L TRANSACTIONS? ..

Answer / sathi

Special G/L transactions are transactions that are not
normal business transactions with your business partners.
These are generally shown in different control ledgers and
are not grouped with the normal transactions. They include
bills of exchange, down payments, bank guarantees, and
provisions for doubtful debts.

Is This Answer Correct ?    1 Yes 2 No

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