Creation of GL Masters (Salaries, Rent and Outstanding Expenses)

Creation of GL Masters (Use t-code FS00)

Salaries Account 

 Step 1) Give the G/L account : 400100
 Company code : MML
 Select With Template button



Step 2) Give the G/L Account 100000 (Equity share capital)
Company code : MML
Enter

Step 3) Change the Account group to personnel cost
Select P & L Statement radio button
Change the Short text and Long text to salaries account
Other fields are common
Select the save button



Rent Account

Step 1) Give the G/L account : 400300
Company code : MML
Select With Template button



Step 2) Give the G/L Account : 400100 (salaries)
Company code : MML
Enter

Step 3) Change the Account group to Administration
Change the Short text and Long text to Rent account
Other fields are common
Select the save button 



Outstanding Expenses Account 

Step 1) Give the G/L account : 100500
Company code : MML
Select With Template button



Step 2) Give the G/L Account 100000 (Equity share capital)
Company code : MML
Enter

Step 3) Change the Account group to Current Liability and Provisions
Change the Short text and Long text to Outstanding Expenses




Step 4) Select the Control data tab Open Item Management Checkbox
Select the save button