How to use FAGL_ML_ADJUST - Reconcil. with Bal. Sheet Acct in FI

SAP Transaction Code - Details

• Transaction Code: FAGL_ML_ADJUST

  Description: Reconcil. with Bal. Sheet Acct in FI

  Release: S/4HANA and ECC 6

  Menu Path:

  • Logistics > Materials Management > Valuation > Actual Costing/Material Ledger > Environment > Production Startup > Reconciliation with Balance Sheet Accounts in FI (New)
  • Logistics > Materials Management > Material Master > Environment > Material Ledger > Environment > Production Startup > Reconciliation with Balance Sheet Accounts in FI (New)
  • Logistics > Production > Master Data > Material Master > Environment > Material Ledger > Environment > Production Startup > Reconciliation with Balance Sheet Accounts in FI (New)
  • Logistics > Production - Process > Master Data > Material Master > Environment > Material Ledger > Environment > Production Startup > Reconciliation with Balance Sheet Accounts in FI (New)
  • Logistics > Central Functions > Engineering > Material > Environment > Material Ledger > Environment > Production Startup > Reconciliation with Balance Sheet Accounts in FI (New)
  • Accounting > Controlling > Product Cost Controlling > Actual Costing/Material Ledger > Environment > Production Startup > Reconciliation with Balance Sheet Accounts in FI (New)

• • Program: FAGL_ML_ADJUST_INITIAL

    Screen: 1000

    Authorization Object:

  • Development Package: FAGL_MM_RECON

    Package Description: Reconciliation of MM / ML with GL

    Parent Package: FINA_GL

  • Module/Component: FI-GL

    Description: General Ledger Accounting

Smart SAP Assistant

• SAP Tcode: FAGL_ML_ADJUST - Reconcil. with Bal. Sheet Acct in FI

  
  Overview: 
  FAGL_ML_ADJUST is a SAP transaction code used to reconcile the balance sheet accounts in Financial Accounting (FI). This transaction code is used to adjust the balance sheet accounts in the General Ledger (G/L) to match the balance sheet accounts in the Financial Accounting (FI) module. 
  
  Functionality: 
  The FAGL_ML_ADJUST transaction code is used to reconcile the balance sheet accounts in FI with the G/L accounts. This transaction code allows users to adjust the G/L accounts to match the FI balance sheet accounts. This ensures that all of the financial data is accurate and up-to-date. 
  
  Step-by-step How to Use: 
  1. Enter the FAGL_ML_ADJUST transaction code into the SAP system. 
  2. Select the company code and fiscal year for which you want to reconcile the balance sheet accounts. 
  3. Select the G/L account that needs to be adjusted. 
  4. Enter the amount of adjustment that needs to be made. 
  5. Enter a description of why this adjustment is being made. 
  6. Confirm your entries and save them. 
  7. The system will then generate a report showing the adjustments that have been made and their impact on the balance sheet accounts in FI. 
  
  Other Recommendations: 
  It is important to ensure that all of your financial data is accurate and up-to-date before running this transaction code. It is also recommended that you review all of your entries before saving them, as any mistakes could have a significant impact on your financial data.