Can I post a down payment with a Special G/L indicator?

[Former Member]

I have to post a down patment.

I want to post a Down payment with posting keys 29 Special G/L debit and 39 Special G/L credit.

The system does not allow to post 29 Vendor subledger account to 50 G/L Bank account. Is it possible to configure that posting in the IMG?

A down payment Reconciliation account for the Vendor is determined to be posted by 29 and 39 posting keys in the IMG instead of the normal Reconciliation account. Is this correct?

Your help is highly appreciated.

[Former Member · Accepted solution]

Do you know why I can not post a Vendor subledger account to a G/L Bank account directly? Should I post only Expense account to a Reconciliation Vendor account or I can post also a G/L Balance account to a reconciliation account?

Special GL Accounts can be posted only to Customers , Vendors or Assets accounts.

Basically only those accounts which are assigned Reconciliation Account type (like customers, Vendors or Assets) in GL master data (Control tab).

I hope you got the answer.

Regards

Velu Mudaliar

[Former Member · Accepted solution]

Dear Velu,

Thank you very much for your answer.

I mean the offseting posting of the Debit Advanced suppliers account, which is Credit Expense or Bank clearing account. Do you know why the system restricts the offseting posting only to Espense accounts?

Try in the FB01 transaction when you choose 29 A Vendor line item and you choose Bank clearing account the system gives message 'Incorrect postings are ignored'.

Regards,

Desi

Edited by: Desi Stoyanova on Oct 20, 2008 10:05 PM

Edited by: Desi Stoyanova on Oct 20, 2008 10:06 PM

[Former Member]

Thank you for your very much for the answer, it confirms my logic on the issue.

Do you know why I can not post a Vendor subledger account to a G/L Bank account directly? Should I post only Expense account to a Reconciliation Vendor account or I can post also a G/L Balance account to a reconciliation account?

[Former Member]

Hi Desi Stoyanova,

You are correct, that instead Reconciliation account of Vendor, Special Recon Accounts are affected during posting of Down payment.

During posting entry, make sure that posting key is entered as 29 / 39 and Special GL indicator as A for Vemdor Line item.

This will work.

Regards

Velu Mudaliar