Sap Accounting

Question from  Chirag Panchal


We have created a taxation GL in P&L instead of B/Sheet account.

Some entries also passed into this GL.

What should I do to change the attribute from P&L GL to B/Sheet GL.

Thanks in advance.
 
Answer  from Chirag Panchal
Create a BS account and change your FTXP configuration to point to the new BS account.

For the old P/L account .... I'll think you'll need a VAT adjustment BS account to transfer the P/L balance into the BS and zero out the P/L account.

Review also how the above will affect the SAP VAT reports too ... so do it in a sandpit / test system first.

Mark as helpful.

Regards