How to switch GL account to open managed new GL

How to switch GL account to open managed in a company code. For more details refer SAP note 1356457.

Steps:

Preliminary checks:

  • Transaction FSS0. See whether the GL is open item managed
  • Run FAGLL03 – Display/Change Items (New) for the GL XXXX in company code XXX. Select line item selection – All items. This is to determine the date when the first document was posted (say 04-Aug-11).

Actual steps

  • Transaction FAGL_ACTIVATE_OP: The switch on date should be the last date of previous period (31-Aug-11) of the first document posted. Perform Test Run first. Read the messages. If everything in order, then you can perform the production run.
  • Transaction  FAGL_ACTIVATE_OP . This is a production run (untick Test Run). This should change the GL master to open item managed. Go to Transaction FSS0 and verify the GL master has changed.

Optional:

Check whether this GL needs to be configured in Automatic Postings for Foreign Currency Valuation for open items. Transaction S_ALR_87003237