Hi Experts,
Kindly guide the below steps are correct for GL balance transfer??
Create a new Dummy GL and transfer the Balance for HDFC USD GL account XXXXXX by using T code FB01.
1. While doing transfer posting use same (Posting + Document) Date, Same Document header text and Reference Text, Same Document Type, same Currency. You have to transfer the balance by FB01 with same account assignments.
2. Also while transferring the balance
3. Also the old GL should have same the entry will be:
For e.g. in case if XXXXXX is Dr. Then entry will be
Dummy A/c Dr.
To old GL account Cr.
In case if XXXXXX is Cr. Then entry will be
Old GL account Dr.
To dummy A/c Cr.
By doing this the balance of GL account XXXXXX will be zero.
- 4. After completing the above activity, Go to T code FS00-Open the GL account XXXXXX-Control data-Click on Change Sign- Tick the check box for Open item Management
- 5. After activating the checkbook, bring back the balance from Dummy GL to old GL (XXXXXX)
For e.g. in case if Dummy GL is Cr. Then entry will be
Dummy A/c Dr.
To old GL account Cr.
In case if Dummy GL is Dr. Then entry will be
Old GL account Dr.
To dummy A/c Cr.
Please consider point no.1 in this point no.4 as well
Kindly guide please