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GL Clearing

Former Member
0 Kudos

Hello,

We are in process of finalization of our books of accounts.

We have different profit center in our company and we are doing inter profit clearing.


Now for some gl overall balance is Zero. But If we see Profit center wise then there it shows balance.

e.g



My issue is i want to clear above entry so that even Profit center wise Balance should be zero.


I have tried as under


Created entry with F-02 like,


PC 1001  57859.30000  DR  AND   PC 1009 CR

PC 1002  83856.00000  CR  AND   PC 1009  DR

PC 1006  25996.70000  DR  AND   PC 1009  DR


after above entry it created document with Open item

Now when i clear this entry, system created original entry.


So how to clear above pasted entry profit center wise.

FYI, earlier My GL was not maintain  as 'Open Item management". After some time we have made it as "open item management"


Regards


Accepted Solutions (0)

Answers (3)

Answers (3)

former_member229478
Participant
0 Kudos

Hello,

Do check the controlling area currency also... differences might occur due to this.

Br

arif

Former Member
0 Kudos

Hi Swati

As per my observation your document currency is in USD and amount in Local currency is in INR

please check what is the exchange rate also further you need to pass journal entry with same exchange rate with same period other wise Exchange gain and Loss will effect

Please check and confirm

Thanks

Trinath

former_member184878
Active Contributor
0 Kudos

Hello,

OK make your repostings

Then make GL reconcilitation.

br erwin

Former Member
0 Kudos

Thanks

Yes , I have tried to re post . So after re posting My Profit center wise balance become zero.

But now again it shows entry as open Item in G/L.

So how to clear this open item entry.

I tried to clear Open item entry and after clearing again it become as original status i.e there is balance amount in Profit center wise.

Regards

former_member184878
Active Contributor
0 Kudos

Hello,

ahhhh.....

TCd for doing reconciliation at GL accounts is:

F-03

enter data and make the clearing.

br erwin

Former Member
0 Kudos

Yes. i am clearing with F-03 only. But after clearing again it becomes as original status

i.e Profit center balance is not zero now.

Regards