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CREATION OF GENRAL LEDGER MASTERS PATH: Accounting Financial Accounting General Ledger Master Records G/L Accounts Individual

Processing Centrally Transaction code FS00 Account Settings In FI Account Group or Account Type 100100 Reserves & Surplus Account Name or Type/Description tab Surplus in P&L A/C i). Select only balances in local currency check box ii). Tolerance group blank iii). Select line item display check box 2 Field status group G001 Control data Create/bank/interest

iv). Sort key 001


100000 Share capital (copy from 100100) 200100 Current Assets, Loans, & advances (copy from 100100) Cash Account Equity share capital

1 ----d0-------d0----

----d0----

3 i).Field Status group G005 ii). Select relevant cash flow check box

400100

Personnel cost (copy from 100000)

Salaries account ii).select P&L statement acct radio button

----d0----

----d0----

400300

Administration cost (copy from 400100)

Rent account

----d0----

----d0----

100500

Current liabilities & provisions (copy from 100000)

Outstanding expenses

i).select open item management check box ----d0----

----d0----

100300

Secured loans (copy from 100000)

SBI rupee term loan

----d0----

i).Field status group G005 ii).interest indicator T1

1 Posting data 2 General data(with text, allocation) 3 Bank account(obligation value data)

400400

Interest (copy from 400300)

Interest account

----d0----

----d0----

100301

Secured loans (copy from 400300)

SBI FC term loan

i).Currency USD ii). Deselect only balances in local currency

Remove i). interest indicator ii).key date of last.int.calc and iii). Date of last interest run

300100

Other income (copy from 400300)

Exchange gain

----d0----

----d0----

400301

Administration cost (copy from 400300)

Exchange loss

----d0----

----d0----

200120

Current Assets, Loans, & advances (copy from 200100)

Inventory raw material

----d0----

i).Field status group G001 ii). Deselect relevant to cash flow

100501

Current liabilities & provisions (copy from 100500)

Sundry creditors raw material

i). deselect only balances in local currency check box ii). reconciliation account for account type: vendor 4 iii). Sort key 012

5 i).Field status Group G067

200105

Current Assets, Loans, & advances (copy from 200100)

SBI current account

----d0----

----d0----

200150

Current Assets, Loans, & advances (copy from 100501)

Advance to vendors

----d0----

----d0----

200110

Current Assets, Loans, & advances (copy from 200150)

Sundry debtors

i).reconciliation account for account type: customer 6 ii). Sort key: 031 ----d0----

----d0----

300000

Sales (copy from 300100)

Sales account

----d0----

100502

Current liabilities & provisions (copy from 200110)

Advances from customers

----d0----

----d0----

200111

Current Assets, Loans, &

Sundry debtors-(Bill of exchange)

----d0----

----d0----

4 vendor number 5 Reconciliation account 6 Customer number

advances (copy from 200110) 100302 Secured loans (copy from 100300) 200155 Current assets, loans,& advances (copy from 100500) 100505 Current liabilities & provisions (copy from 100500) 200000 Fixed assets (copy from 200110) Land i). Reconciliation account for account type: Assets 9 ii). Sort key 018 ----d0---10 i).Field status Group G067 VAT payable ----d0---8 i).Field Status Group G041 VAT receivable ----d0---SBI bill discounting i).select open item management check box i).select post automatically check box 7 i). Field status Group G041

200005

Fixed assets (copy from 200000)

Buildings

----d0----

200010

Fixed assets (copy from 200000)

Plant & machinery

----d0----

----d0----

200015

Fixed assets (copy from 200000)

Furniture & fixtures

----d0----

----d0----

200020

Fixed assets (copy from 200000)

Vehicles

----d0----

----d0----

200025

Fixed assets (copy from 100500)

Capital work in progress

----d0----

----d0----

100200

Accumulated depreciation (copy from 100500)

Accumulated depreciationBuildings

i). Reconciliation account for account type: Assets ii). Sort key 018

i).Field status Group G067

100205

Accumulated depreciation (copy from 100200)

Accumulated depreciation- Plant & Machinery

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----d0----

7 Tax office clearing account 8 Tax office clearing accounts 9 Asset number 10 Reconciliation account

100210

Accumulated depreciation (copy from 100500)

Accumulated depreciationFurniture & fixtures

100215

Accumulated depreciation (copy from 100500)

300102 300103 400302 400303 400500

(copy from 100500) (copy from 100500) (copy from 100500) (copy from 100500) Depreciation