answersLogoWhite

0

To create a journal entry in SAP, you can use transaction code FB50 (for general journal entries) or FB01 (for posting with reference). You'll need to enter the necessary details such as the posting date, account numbers, amounts, and a reference document number. Once you have completed the entries, you can save the journal entry.

User Avatar

AnswerBot

1y ago

What else can I help you with?

Related Questions

How do I create a journal entry for opening an account balance?

Debit bank accountCredit cash


What is a compound journal entry?

Compound journal entry is that entry which records more than one business transaction in one single journal entry.


How do you do journal entry for Forecasting Sales?

There is no journal entry for forecasting sales rather journal entry is made for actual sales when they occur.


Who should create the journal entry for interest income?

debit interest receivablecredit interest income


What is a reversing entry?

A reversing entry is a journal entry to "undo" an adjusting entry. When you create a reversing journal entry it nullifies the accounting impact of the original entry. Reversing entries make it easier to record subsequent transactions by eliminating the need for certain compound entries. Reversing entry can be created in two ways. First method is to use the same set of accounts with contra debits and credits, meaning that the accounts and amounts that were debited in the original entry will be credited with the same amount in the reversing journal "nullifying" the accounting impact. The second method is to create a journal with same accounts but with negative amounts that will also nullify the accounting impact of the original transaction


What is the structure of a journal entry?

Recording of a transaction in an accounting journal, such as the General Journal. The journal entry has equal debit and credit amounts, and it usually includes a one-sentence explanation of the purpose of the transaction is called journal entry.


Why you post journal entry?

Journal entry is the basic transaction to record the business transaction and without journal entry no record can be maintained.


Why do you need to do journal entry?

Journal entry is required to record business transaction in books of accounts and without journal entry no business transaction can be recorded in books.


What is the journal entry for bill received?

There is no journal entry for bill received rather journal entry is made when bill is actually paid or when utility is actually utilized.


What is the journal entry to charge-off a loan?

journal entry to write off a loan


What is journal entry in accounts?

recording of business transaction in chronological order is a journal entry


What are the types of journal entry?

1 - General journal entry2 - Adjusting journal entry3 - Month end adjusting entry