Amount for updating in general ledger amount in local currency

That is the reason we need update currency in each line item to identify which amount and currency is updated in balance table.The purpose of this article is to explain in detail (using examples) how the update of the General Ledger Currency Value (BSEG-PSWSL) and Amount (BSEG-PSWBT) takes place and how this then in turn updates the General Ledger transactions figures either in the GLT0 or FAGLFLEXT tables.The ledger holds account information that is needed to prepare financial statements and includes accounts for assets, liabilities, owners' equity, revenues and expenses.Using a general ledger is part of a system used by accountants to create the firm’s financial statements.This document is to introduce the field update currency (BSEG-PSWSL) and update currency amount (BSEG- PSWBT) in one FI document line item.In SAP system, there are different currency types in each FI document line item: The document currency is determined in the document header and is identical for all items of the document.A general ledger is used by businesses that employ the double-entry bookkeeping method, which means that each financial transaction affects at least two general ledger accounts and each entry has a debit and a credit transaction.

The ledger provides a complete record of financial transactions over the life of the company.One, if not the first, consideration is what is the additional currency.Go to currencies (Departments Currencies) and select the currency that you want to use as the additional currency.There is often confusion when it comes to understanding exactly how the General Ledger transaction figures are updated in the GLT0 (for Classic GL update) or in FAGLFLEXT (for New GL update).You must consider all amount values in BSEG when trying to understand this, in particular the local currency amount (BSEG-DMBTR), the document currency amount (BSEG-WRBTR) and most importantly in this case, the GL update currency (BSEG-PSWBT).

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