term account contract help what is
Meaning of G/L account contract. What is it: another G/L account. Example: advance payments for.

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Definition G/L account contract

G/L ACCOUNT CONTRACT title: G/L account contract (RE) (SAP Library - Glossary)
G/L ACCOUNT CONTRACT category: Real Estate Management (RE)
G/L ACCOUNT CONTRACT explained:

A means of transferring amounts from a G/L account to another G/L account.

Example: advance payments for heating expenses

If the tenant pays less in advance payments than the expected heating expenses, he can use a G/L account contract for building up liability reserves.

More terms such as G/L account contract in Dictionary G.

Manual Generated Repetitive Payment:
Help Specific request to make a payout at a certain point in time. A generated repetitive payment is always made from a repetitive payment record g/l account contract definition.
Manual Grace Period:
Help The period within which an employee must provide evidence of insurability or within which an employee can submit FSA claims relating to the previous plan year g/l account contract explain.
Manual Goods Clearing Account:
Help An offset account used to allocate open amounts when closing purchase documents g/l account contract what is.
Manual Global Declaration Section:
Help Section after the introductory program statement of an ABAP programm in which the data types, classes, and data objects that are visible in the whole program can be declared g/l account contract meaning.
Manual Group Customer:
Help Customer who takes part in a collective order g/l account contract abbreviation.
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