term special account help what is
Meaning of special G/L account. What is it: in the sub-ledger that should not be balanced with.

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Definition special G/L account

SPECIAL G/L ACCOUNT title: special G/L account (FI) (SAP Library - Glossary)
SPECIAL G/L ACCOUNT category: Financial Accounting (FI)
SPECIAL G/L ACCOUNT explained:

A reconciliation account for special business transactions in the sub-ledger that should not be balanced with receivables and payables from goods and services.

An example of this is a down payment.

More terms such as special G/L account in Dictionary S.

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