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Balance Sheet Adjustment

Former Member
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Hi Guys,

Can anyone tell me what balance sheet adjustment is?

Why do we do this and what do we mean by balance sheet revaluation.

Thanks

srik.

Accepted Solutions (1)

Accepted Solutions (1)

Former Member
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Balance Sheet Adjustment is used to transfer balances of some accounts like AR AP to PCA, or a way to balance the the business area.

Answers (2)

Answers (2)

Former Member
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"Balance sheet adjustment a/c" is used in forex valuation to post valuation adjustment for open items in AR/AP. This way, the forex valuation entries goes to separate account and the regular subledger reconciliation accounts are untouched.

Former Member
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The exchange rate differences posted in transaction F.05 at the month end closing

Balance sheet Adjustment account is created for valuation of adjustment posting. Creation of seperate adjustment account will distingush the valuation from the normal profit center posting on account payble account. this account is not set up in tables 3KEH and 3KEI (to avoid profit center postings from FI) Balance sheet posting will get profit center from the original posting (invoice) & correct profit center on the revaluation run postings.