What are symbolic accounts in SAP HR and its relevance?

Question

related to sap hr

Answer 1

It is linked to the interface. Check the SAP help portal:

http://help.sap.com/saphelp_erp2005vp/helpdata/en/f3/21e091110b4e46983af70d772a40b2/frameset.htm

Symbolic Account Locate the document in its SAP Library structure
Definition

Customizing object for posting results from Payroll and data from Personnel Cost Planning and Simulation to Accounting.
Use

Wage types from Payroll (PY) are not assigned directly to accounts in Financial Accounting (FI), but via symbolic accounts. A number of wage types, which the system should post to a specific account in Financial Accounting, are assigned to a symbolic account in Customizing. The symbolic account’s account assignment type determines the type of posting (for example, posting to expense account, posting to receivable account, posting to payable account). The symbolic account is, in turn, assigned to the account in Financial Accounting. If the account in Financial Accounting is an expense account, it is usually assigned a cost element in Controlling (CO). This is used for posting personnel costs (actual data) and for transferring data from Personnel Cost Planning and Simulation (PA-CP).

A wage type can be assigned to several symbolic accounts. This is usually the case for wage types that should be posted as both expenses and payables (for example, wage types for the employer’s contribution for social insurance).

Assigning symbolic accounts to accounts in Financial Accounting does not have to be done 1:1. Several symbolic accounts can be assigned to the same account in Financial Accounting. The amounts that are posted via a symbolic account to Accounting can be distributed among different accounts in Financial Accounting due to the employee grouping for account determination (feature PPMOD).

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