How to use GMAACT - Calculate and Post Accruals

SAP Transaction Code - Details

• Transaction Code: GMAACT

  Description: Calculate and Post Accruals

  Release: S/4HANA and ECC 6

• • Program: GMA_ACE_PERIODIC_POSTING

    Screen: 1000

    Authorization Object:

  • Development Package: GMACCOUNTING_E

    Package Description: Grants management (accounting)

    Parent Package: GRANTEE_MANAGEMENT

  • Module/Component: PSM-GM-GTE-UP

    Description: Actual Update and Commitment Update

Smart SAP Assistant

• SAP Tcode: GMAACT - Calculate and Post Accruals

  
  Overview:
  GMAACT is a SAP transaction code used to calculate and post accruals. It is used to record the accrual of expenses and revenues that have been incurred but not yet recorded in the general ledger. This transaction code is used to ensure that all expenses and revenues are accurately recorded in the financial statements. 
  
  Functionality: 
  GMAACT allows users to calculate and post accruals for both expenses and revenues. It can be used to record the accrual of expenses such as salaries, rent, utilities, etc., as well as the accrual of revenues such as sales, interest income, etc. The transaction code also allows users to view the accrual postings in the general ledger. 
  
  Step-by-step How to Use: 
  1. Enter GMAACT in the SAP command field. 
  2. Select the type of accrual you want to post (expense or revenue). 
  3. Enter the relevant details such as account number, amount, etc. 
  4. Click “Post” to post the accrual in the general ledger. 
  5. Click “Display” to view the posted accrual in the general ledger. 
  
  Other Recommendations: 
  It is important to ensure that all expenses and revenues are accurately recorded in the financial statements. Therefore, it is recommended that users use GMAACT regularly to post any accrued expenses or revenues that have not yet been recorded in the general ledger.