maintain debit balance in GL account

[Former Member]

Hi,

How to configure to maintain cash or any asset account in debit balance.

Answers will be rewarded.

Thanks in Advance,

Santiagu Arockiam W

[Former Member · Accepted solution]

Hi

For cash there is a concept of Cash Journal in SAP. The Transaction code for the same is FBCJ. The cash journal ensures that you do not have a negative balance in cash. It will simply not allow to pay you more than the cash available in the cash journal.

You can look into the Cash Journal cofiguration under Bank Accounting - Business transactions in SPRO

regards

Parag Bhargava

[Former Member · Accepted solution]

Thanks parag,

Where to set the amount for the cash journal..

it is display the balance as 0.00

Regards,

Santiago

[Former Member · Accepted solution]

Hi

You cannot set the amount in the cash journal. You need to bring in the amount. You need to create business transactions. There are 2 tabs in cash journal ie Payments & Receipts. In the receipt tab you need to create a new business transaction eg Withdraw from bank, then do an entry. An accounting entry for this will also be generated as:

Cash A/c Dr.

Bank A/c Cr.

regards

Parag Bhargava

[Former Member]

Please elaborate further. Your requirement not clear..

Regards

[Former Member]

hi babu,

i need to pay my vendor from my GL account. If the amount is 0 in the GL account means where i have set the balance for this GL account.

Thanks,

Santiago