Last Updated on August 7, 2022 by admin

How to define G/L Accounts for taxes in SAP S/4HANA

When you are posting any GST documents, the respective GST tax amount (input GST or Output GST) must be posted into the respective G/L accounts. In order to fulfill this requirement, we need to configure account determination by assigning the G/L accounts to the GST transaction keys.

In the SAP GST configuration of account keys, we have created 3 Input GST account keys and 3 Output GST Account keys. You need to link the G/L accounts to these account keys.

To full fill this requirement, we need to define the following General Ledger accounts for input and output tax accounts.

Input Tax G/L Accounts

G/L Account Description G/L Account Type Account Group
180010 Input Central GST B/S Account Current Asset
180011 Input State GST B/S Account Current Asset
180012 Input Integrated GST B/S Account Current Asset

Output Tax G/L Accounts

G/L Account Description G/L Account Type Account Group
130010 Output Central GST B/S Account Current Liabilities
130011 Output State GST B/S Account Current Liabilities
130012 Output Integrated GST B/S Account Current Liabilities

Steps to create G/L Accounts for tax account determinations

  • SAP Menu Path: Accounting > Financial Accounting > General Ledger > Master Records > G/L Accounts > Individual Processing > FS00 – Centrally.
  • Transaction Code: FS00

Step 1: Execute the transaction code “FS00” in the SAP command field

Step 2: Enter the G/L Account number, and company code and click on create an icon

Create GL account for GST in SAP Hana

Step 3: On Type / Description tab update the following details

  • G/L Account Type: Choose the X Balance Sheet Account
  • Account Group: Update the account group from the list (180010 falls between the number range of current asset G/L Account group, you need to choose the Account Group – Current Assets).
  • Description: Update the short description and long text

SAP GST - General ledger account

Control Data

  • Balance in Local Currency Only – Select this option to display the balance in company code currency only.
  • Open Item Management: Check this option, to maintain the G/L account as open item management
  • Sort Key: Update the sort key field from the list

Control Data - GST GL Account in SAP Hana

Create/bank/Interest:

  •  Field status group – Select the appropriate field status Group.

After updating all the required details, click on the save button and save the details.

Similarly, create other G/L Accounts in SAP Hana system.