FUnds Management - Financial Transaction Type for Comm. Item

[Former Member]

Hi,

What should be financial transaction type in Commitment item master data for Balance sheet item like Share Capital, Reserves etc???

Jyoti

[iklovski · Accepted solution]

Hi,

Use 90 (with category 1-Balance), it suits best.

Regards,

Eli

[Former Member · Accepted solution]

Thanks a lot for prompt reply....

one more question if u don't mind

For loans & liabilities which are not Reconciliation account, for these type of account also I should use 90 & 1

also for Main Bank account and Bank Clearing Account - Shld I use 90 or 80.

Thanks & Regards,

Jyoti

[iklovski · Accepted solution]

Hi,

You can use 90/1 for all these accounts including the bank accounts. For bank clearing you can use 80/1, but actually it won't make any difference.

Regards,

Eli

[Former Member · Accepted solution]

Thanks a ton !!!!!