Hi Gurus,
Can anyone please explain me how balancing segment works and balances debit, credit balances.
Whats the e logic that works if you set this qualifier to a segment.
Appreciate your early help.
Thanks,
Kiriti Vutukuri
How Balancing segment works
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In one GL CODE COMBINATION you must have one balancing segment which is usually the company or in case of multiple companies , more that one company , for whom you enter DR / CR entries in your set of books, balance sheet will be later on prepared for that company for whom you have enabled your segment qualifier.
let say you give your comany A, and it is your segment 1
Your deptt/location segment is 2 and cost centre is 3rd segment now for company segment if you mark balancing segment qualifier you will be able to generate balance sheet for same company.
let say you give your comany A, and it is your segment 1
Your deptt/location segment is 2 and cost centre is 3rd segment now for company segment if you mark balancing segment qualifier you will be able to generate balance sheet for same company.
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