Dear, I need few minutes of your time, our company on SAP is working with 6 company codes out of that 1 company is sold but we have to keep continue that is SAP with zero balance of that company now I have to set all the GL account to zero and start the company from zero, now please give me your expert opinion about this or if you can refer me somewhere else that would be helpful
You can define the zero-balance setting in Define Document Splitting Characteristics for General Ledger Accounting, you can configure the G/L account where the clearing posting is made.
Configuration can be performed in IMG menu path
Financial Accounting (New) > General Ledger Accounting (New) > Business Transactions > Document Splitting > Define Zero-Balance Clearing Account
SAP OSS note 961937 recommends the following settings for zero-balancing clearing account.
Post Automatically only – select “Yes” “To generate the zero balance clearing items of the new General Ledger, the system updates the zero balance clearing account in the relevant new General Ledger only. When doing so, the system never creates entries in the tables of the entry view (BSEG, BSIS, BSAS) for this account”
Line item display – select “No” “As this account is a purely technical clearing account that is only updated in the tables of the new General Ledger but not in the entry view (BSEG, BSIS), corresponding line items that are managed in the BSIS cannot be made available.”
Only balances in local currency – select “Yes” “The posting to this technical zero balance clearing account should not affect the foreign currency valuation.”
Assign to Item Category – Select “01001” This is a SAP defined item category for self-balancing GL Account.
yes, one of our company was working with 5 plants in SAP 4 of them are sold and now we have to reset the whole company code to zero like firstly we want to set the balance of all GL to zero so tell me what is the best way to set each GL to zero and how to make a short fiscal year closing so we can take a new start your help will be much appreciated
what I understand here is that there is a matter of dissolution for this company code not a resetting to zero as resetting to zero means you will erase all the company code data and i don't think this is what you want. please clarify.
Even though I don't think that it should go this way, however you can use obr1 to reset company code data. then you will be responsible for re-migrate the remaining 20%
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