In contrast to the ‘collective processing’ of GL accounts where you edit a number of accounts in a single step, Individual Processing helps to edit or create GL account master records one at a time. Here you can edit (including display, change, block, unblock, and delete) or create a new GL account in three different ways:
- Centrally: You will be editing or creating a GL account master record in both the Chart of Accounts area and Company Code area in one step. This is also known as ‘one-Step’ GL creation. (Transaction Code is FS00)
- In the Chart of Accounts area: you first edit or create the record here before doing it in the Company Code area. (Transaction Code is FSPO)
- In the Company Code area: you edit or create the record here after it has been done in the Chart of Accounts area. (Transaction Code is FSSO)
Put together, steps 2 and 3 relate to the ‘step-by-step’ creation of GL account master records.