What is P&L trade in / trade out in SAP FI-GL-GL - Basic Functions?

SAP Term: P&L trade in / trade out

• Component: FI-GL-GL

• Component Name: Basic Functions

• Description: The transfer of all balances or of all documents that have non-functional currency back to the source account in functional currency.

Smart SAP Assistant

• Key Concepts: 
  P&L trade in/trade out is a feature of the SAP Financial Accounting (FI) module. It allows companies to transfer profits and losses from one account to another. This is done by creating a transfer document that records the transfer of the profits and losses from one account to another. The transfer document is then posted to the General Ledger (GL) and the accounts are updated accordingly. 
  
  How to use it: 
  To use P&L trade in/trade out, first create a transfer document in the FI module. This document will record the transfer of profits and losses from one account to another. Once the document is created, it must be posted to the GL. This will update both accounts accordingly. 
  
  Tips & Tricks: 
  When creating a transfer document for P&L trade in/trade out, make sure to double-check all of the information entered into the document. This will ensure that the accounts are updated correctly and that no mistakes are made. 
  
  Related Information: 
  P&L trade in/trade out is related to other features of the FI module such as account assignment models, cost elements, and cost centers. It is also related to other features of the GL such as posting periods and fiscal years.