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Chapter 5 ■ Creating a General Ledger (G/L)
Use open item management for the following accounts:
• Bank accounts
• GR/IR accounts
• Salary accounts
Line Item Display: This selection allows you to display or view business
transactions posted to the account line-by-line.
Line item can lead to data redundancy (this is where same the data is stored
twice or more in the system) and takes additional system resources. Therefore,
line items should not be activated for the following items:
• Reconciliation accounts—If you need further breakdown of these accounts,
you can view them in the respective sub-ledgers.
• Sale or Turnover accounts—You can view further details of these accounts in
Sales Order Management.
• Material accounts—Further details on these accounts can be obtained from
Material Management.
• Tax accounts—Detailed tax information can be obtained from related tax
documents.
Sort Key: When this indicator is set in the G/L account master record, it allows
you to set the sort key according to the sort key number you assigned. SAP comes
with a list of standard sort keys you can choose from. The most commonly used
sort keys are the first nine.
Sort Key
Description
001 Posting date
002 Doc. no, fiscal year
003 Document date
004 Branch account
005 Local currency amt
006 Doc. currency amount
007 Bill/exch. due date
008 Cost center
009 External document no.
The system automatically fills the assignment field in the line item based on the
sort key you assigned to your general ledger master (this is done in the company
code segment of your company code). When you assign a document number as
your sort key and then display line items, the system will automatically sort your
line items based on your selection criteria according to the document number.
You can access the sort item list by using the search function on the Sort Key field.
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