How to use FMBLBASIC - BL Account classification

SAP Transaction Code - Details

• Transaction Code: FMBLBASIC

  Description: BL Account classification

  Release: S/4HANA and ECC 6

• • Program:

    Screen: 0

    Authorization Object:

  • Development Package: FMFG_BLCORE_E

    Package Description: Core of the Budgetary Ledger

    Parent Package: FUNDS_MANAGEMENT

  • Module/Component: PSM-FM

    Description: Funds Management

Smart SAP Assistant

• SAP Tcode: FMBLBASIC - BL Account classification

  
  Overview:
  The SAP transaction code FMBLBASIC is used to classify accounts in the Balance Sheet (BL) according to their characteristics. This code is used to assign a specific account type to each account, which helps to ensure that the accounts are correctly reported in the financial statements. 
  
  Functionality: 
  The FMBLBASIC transaction code allows users to assign a specific account type to each account in the Balance Sheet. This helps to ensure that the accounts are correctly reported in the financial statements. The account types that can be assigned include Assets, Liabilities, Equity, Revenue, Expenses, and Other. 
  
  Step-by-step How to Use: 
  1. Enter the transaction code FMBLBASIC into the command field. 
  2. Select the account you want to classify from the list of available accounts. 
  3. Select the appropriate account type from the drop-down menu. 
  4. Click “Save” to save your changes. 
  
  Other Recommendations: 
  It is important to ensure that all accounts are correctly classified according to their characteristics in order to ensure accurate reporting in the financial statements. It is also important to regularly review and update any changes made to the classification of accounts in order to ensure accuracy and compliance with accounting standards.