Functional Area - Balance sheet accounts

Hi Friends,
We are facing one problem with Functional area. Functional area is posting to Balance sheet accounts which should not happen.
Note ; not activate Public sector.
We foung when we do MIRO transaction.Can any one tell us is there any OSS note to apply or any solution.
Thanks in advance
Bathineni.Ram

Similar Messages

Business Area is not pulling for Balance Sheet Accounts

Hi,
For few Balance Sheet GL Accounts (From MM side), Business area is not pulling while doing MM Cycle. For other Balance Sheet GL Accounts (From MM side), system is pulling the Business area by default.
I have checked all the Field Status Group configuration and all. Still could not find the route cause for this. Can any one help me why it is not pulling Business area for Balance sheet accounts when doing MM cycle.
what should i do if system has to pull Business area for Inventory Related Balance sheet GL Accounts?
Kindly Help me..
Thanks
Sunil

Hi,
in OMJ7, assignement were there properly. Still why i am not able to pull Business area for Balance Sheet Accounts.
I Can give one Clue: For Inventory Finished Goods, system is pulling Business area and for Inventory Raw material and Inventory Semi-Finished Goods system is not pulling the Business area.
This is my problem...
Thanks
Sunil

Difference between business area balance sheet and profit centre accounting

Hi all,
I want to know what are the differences between business area balance sheet and profit centre accounting.
Please tell the merits and demerits of both.
If, I want to get plant-wise profitability of a company then which method is more recommendable and why?
Regards,
Charu Mahawar

hi,
look to that interesting thread:
Re: Business Area Vs Profit Center
Andreas
pls reward useful answers
Thank you !

Message no FH017 Open item management only allowed for balance sheet accounts

Dear All,
i try to change one Balance Sheet account to P&L Account. However i failed changing the account.
it pops up the error Message no FH017.
For this error, i have already untick the Open Item Management
Can anyone help me on this? Very appreciated on this!
Cheers
Jill

Aslo see help on open Item managed field by pressing f1
Indicator: Open Item Management?
Determines that open items are managed for this account.
Use
Items posted to accounts managed on an open item basis are marked as open or cleared. The balance of these accounts is always equal to the balance of the open items.
Procedure
Set up accounts with open item management if offsetting entries are to be assigned to the postings made to these accounts. Postings to these accounts represent incomplete transactions.
Example:
A goods receipt/invoice receipt (GR/IR) clearing account should be managed on an open item basis so that you can check at any time whether invoices have been received for the goods received for an order.
Set up accounts without open item management if no offsetting entry is to be made against a posting to this account.
Examples
Accounts that are managed on an open item basis include:
Clearing accounts:
Bank clearing account
Payroll clearing account
Cash discount clearing account
GR/IR clearing account
Accounts that are not managed on an open item basis:
Bank accounts
Tax accounts
Raw material accounts
Reconciliation accountsThese are managed implicitly using the subledger open item function.Profit and loss accounts
Materials Management (MM) accounts posted with a posting key that has account type 'M'

Post balance sheet account to profit center accouting

Hi.experts.
I want to post some blance sheet accounts to profit center accounting,these account include material stock,wip. what should I do?
thanks in advance.
Fannt

Hello
Balance sheet items can be transferred periodically or online in realtime
You can transfer the following balance sheet items to Profit Center Accounting in the standard SAP system at end of period:
    Payables and receivables
   Material stocks
   Assets
   Work in process
This can be done in period closing activities for AR/AP
The assignment of payables and receivables to various profit centers is basically derived from the offsetting entry line of the FI document to which they belong. It is not possible to make structural changes to them within Profit Center Accounting. If, for example, you assign a new profit center to a material, or change the derivation rules when creating sales orders, these actions do not affect the assignments of documents which have already been posted.
The payables and receivables to be divided are calculated in FI at the end of the period. To do so, call up the SAP Easy Access screen and choose Accounting ® Financial Accounting ® General Ledger ® Periodic Tasks ® Closing ® Regroup ® Debit Balance Sheet Account Subsequently.
Enter the company codes for which you want to perform the calculation. For these company codes, the payables and receivables are divided according to profit center and business area. The results are then saved.
You can now transfer the data to Profit Center Accounting. Do not choose the next menu option Post B/S readjustment n Financial Accounting. Instead, transfer the data in the Profit Center Accounting application menu, under Actual Postings ® Period Closing ® Transfer Payables/Receivables
You obtain a list of all the company codes in the active controlling area. Select the desired company codes and the period and fiscal year which you want to transfer to Profit Center Accounting.
The system then posts the payables and receivables to Profit Center Accounting under the reconciliation accounts of the general ledger. No FI documents are created in the process
You can call up the function for transferring material stocks in Profit Center Accounting Customizing, under Actual Postings ® Transfer Selected Balance Sheet Items ® Set Up Material Stocks.
The selection screen provides you with the choice of all company codes within the active controlling area. Select the period to be transferred. The current period is always based on the status of Materials Management. Normally, the data from the previous period is transferred.
You access the transfer function by choosing the following path from the Customizing menu for Profit Center Accounting: Actual postings ® Transferring selected balance sheet items ® Generate opening balance for work in process.
The selection screen provides you with the choice of all company codes within the active controlling area. You also enter the period and fiscal year.
You generally work with the standard results analysis version 0. Should you wish to use a different results analysis version, note that this must be set up in CO Customizing for updating in Financial Accounting, as the corresponding account determination is required.
The program transfers all changes in work in process within a single period. When running this function for the first time with a given controlling area, please select the field Create opening balance. The system then posts the opening balance to the start period. You can also post the opening balance to period 01 at fiscal year change, so avoiding having to carry the balance forward.
You access the transfer program by selecting Actual postings ® Transferring selected balance sheet items ® Generate opening balance for assets in Customizing for Profit Center Accounting.
The selection screen provides you with the choice of all company codes within the active controlling area. The depreciation area book depreciation per trade law (01) is provided as a default. You also select the posting period and the fiscal year.
You should run the program in the background, as large amounts of data are normally selected. If you select the field Line item, a line item will be created for each asset in Profit Center Accounting. When handling a large volume of data, you should only use this option for test purposes.
The system assigns assets to profit centers indirectly, via assigned internal orders or cost centers (see Assigning Assets). The program transfers the acquisition and product costs, as well as cumulated value adjustments. The accounts used for this transfer are taken from account determination for Asset Accounting.
Note that it is only possible to calculate key figures (such as Return on Investment) in Profit Center Accounting correctly if an indirect statement of assets and depreciations is made in Financial Accounting
Reg
*assign points if useful

Balance Sheet Accounts in PCA

Hi,
If I only activated PCA to capture the balance sheet accounts (Profit & Loss will be done strictly in COPA), can I left the field PC assigment in Cost Center Master Data to be empty?
Because the structure of the CC is in departement view, while the structure of PC is based on Product Hierarchy.
And I need to create the Balance Sheet Report based on the product hierarchy as in PC hierarchy.
Could any body advice me regarding the mater, like what is the implication if I left the PC assignment blank in CC master data.
Any help would be appreciated..
Thanks
Lea

If you do not assign any profit center to a cost center, anyhow the system would assign them to a default Dummy Profit Center which makes it more difficult to reconcile Cost Center Accounting and Financial Accounting. It is therefore recommended that you assign a profit center to each Cost center.
The following are some more analysis based on SAP documentation on concept and PCA assignments with reference to your dilemma of how to assign profit center to cost center which has been designed based on different characteristics namely product hierarchy versus function.
You have divided your company into profit centers according to product hierarchy.
This makes it difficult to assign cost centers that are divided by functions, to a profit center, which is divided by another attribute. i.e. product hierarchy. This can be apparent in a case, where, a production cost center may be performing activities relating to products which fall under multiple profit centers.
In these cases, you may want to assign these cost centers to one profit center (for example, "Production A"). If the cost center then performs activities for a production order, the system however credits the profit center "Production A" as well as the cost center at the time of settlement. You can then either settle the over-/under absorption from the cost center (for example, to a profitability segment) or allocate it directly to the corresponding product hierarchy in Profit Center Accounting.
It is often not possible to assign administration cost centers directly to a profit center. In this scenario, you can create profit center named service profit center or allocation profit center.. Then you may assign the admin cost center to the service profit center or allocation profit center. This profit center would then contain all the administrative costs which occur. At the end of the period, you can then either settle this over-/under absorption from the cost center (for example, to a profitability segment), with assignment to a service profit center.
To simplify you can ideally assess or distribute it directly in Profit Center Accounting, with the allocation profit center as the sender. In either case, the corresponding profit center is credited at the end of the period.

3 way match on balance sheet accounts

Hello,
Our company has decided to get away from direct FI Invoices. We want to raise POs for everything we can. We have got some annual maintenance contracts and insurance premiums for which we receive one invoice for full year. These invoices are posted to balance sheet accounts via direct FI because they are accruals and then they are posted monthly to expense accounts via recurring entries.
There is a possibility to raise a PO on a balance sheet account using Account Assignment Category '9' However once a balance sheet account is put in, there is no field available for keying in the cost centre. Our PO approvals are dependend upon the release strategy assigned to the cost centres and we dont want our POs to be live without being approved.
Is there any way of getting these POs approved without using the release strategy functionality?
Regards
Keyur

Hi Jeffrey,
I am not sure what you are mentioned the cost element is "B/L account" or a "P/L" account, Normally
if it is a cost element, then this G/L account should be a P/L account.
If it is a P/L account, when you run BCF PRG with flag of balance retained earng.acct, then systm
will carryforward the balance of this P/L account to transaction "BIL" account. and no balance is carryforwarded from end of prior year to the beginning of next year.
In case it is a B/L account, then the balance will be carryforwarded into next year.
With Best Regards,
Gladys Xing

Goods receipt(PO) - balance sheet account

Hi,
Can someone explain to me what does posting to balance sheet account upon goods receipt means?
Does balance sheet account = inventory account?
Does this mean that the inventory qty has to be increased after GR?
Thanks

Thanks both of you for the replies.
Can you advise me on how to resolve the below scenarios?
1)Currently, for sales order purchases, we are using acct assign category "sales order" in PO, the stock qty is consumed by the sales order upon goods receipt.
And it will post to COGS & GR/IR acct upon Goods receipt.
If the requirement is to post to balance sheet account upon GR,
-does that mean I have to bring this qty into inventory?
- meaning I should be using another acct assign category in the PO.
2)Another scenario is that they also purchase services for the sales order, and they are handling this purchase using another customized acct assign category in the PO that allows you to post to G/L acct directly without cost center. (no material master entered in the PO)
Upon IV, it will post to COGS and vendor accounts.
If the requirement is to post to balance sheet account upon IV,
- is that possible?
- Does that mean i have to bring this services into inventory as well? does not really make sense..
Hope one of you can clear my doubts on this..

Change GL Account Type from Balance Sheet Account to P&L Statmt Account

Hi Experts's
We have mistakenly defined the GL account as type Balance Sheet Account type and Some postings are done on this GL, we need to change it to P&L Statmt Account, When we do that it's throwing message FH602, as below.
Change balance sheet control in spite of account balance
     Message no. FH602
Diagnosis
     You have changed the G/L account from a "balance sheet account" to a
     "P&L account" or conversely.
     The balance of the account is, however, not zero.
Procedure
     Check your entries.
     If the G/L account was already posted in the previous year, execute the
     balance carryforward again for the current fiscal year. (program
     SAPF011).
Please let me know the procedure to do this change, or do i have to run any report.
Thanks

HI
If you are mid-year please try this:
Balance sheet having 10000 credit balace
try to post like this manually
Balance sheet account dr 10000
to Profit and loss account 10000
now tick the Profit and loss account and reverse the entry
try this in test environment first
Thanks & Regards
Phaneendra

Report to retrieve balance sheet accounts in foreign and local currencies?

Hello,
I have question regarding the availability of a report in SAP. I am wondering if a report exists in SAP to retrieve the total outstanding balances on any given date for all the balance sheet accounts (including GRIR trade) in both functional and foreign currency.
I am currently using the FAGLL03 to do this but the problem is that this report is timing out when I select too many accounts.
Does anyone know if such a report exists in SAP (besides the FAGLL03 which takes too long to run)?
Thanks in advance for your answer.

Hi
A quick way is to run FAGLL03 in the background as a scheduled job.
Regards
Sanil Bhandari

Purchase order using balance sheet accounts

Hi there,
We have a need to create purchase orders using balance sheet accounts instead of expense or cost of sales accounts. Any pointers will be greatly appreciated.
Thanks in advance

Hi Raymond
Not realy clear which scenario u r trying to address here. But you can post the Goods receipt to a balance sheet account. U can ideally create a separate valuation class and use the same for account determination. The materials for which you are making the PO have to be asigned to that particular valuation class. The rest of the configurations will remain as they are. But in the transaction key you will include the new valuation class and assign it to balance sheet account.

Cost center empty in general ledger view for balance sheet accounts

Hi !
We are implementing ECC6 with new GL functionalities. We activated differents scenarii: cost center, profit center and segment.
Using FB03 (display document) we noticed that in the entry view, everything is fine: cost center, profit center and segment are filled successfully.
However, in the New GL view, the cost center is not filled for balance sheet accounts.
Any solution?
Regards,
Julien

HI,
Cost center will never be filled for the Balance Sheet account. For Balance sheet account Profit Center is required to be filled.
Don't be afraid this is the fundamental practice across the globe. Cost centers will be filled in only Expense account.
Exception to above rule is Asset master will recieve cost center because this will help in determining asset per department.
Regards,
Chintan Joshi.

Error AC305 and AC306 when customize a balance sheet account

Dear experts,
We have several depreciation areas created for a chart of depreciation.
Some of those depreciation areas do not have account effect but have
fiscal effect. For that reason we have set for them (in AO90
transaction) off sheet balance accounts (memorandum accounts).
The problem is that in the country we are working memorandum accounts are not P&L accounts.
When we try to customize then as Expense account for ordinary
depreciation the system displays the following errors:
Message no. AC305- Account GBCL-6400640010 not allowed to be balance
sheet account
Message no. AC306- Account GBCL-6400640010 not defined as
P6400640010L account
Our users told us that those memorandum accounts must be B/S
accounts and never P/L accounts in this country.
Obviously we could change error messages AC305 and AC306 as warnings,
but I was wondering if another solution could be possible.
Thanks in advance.

Hi,
U cannot assign a balancesheet account for depreication
I dont understand why they want B/S account there because it cannot record expenses.
The only solutionn is changing message as u have said..
We annot change the accounting rule
Regards,
Amit Shinde

ITEM GROUP NEEDS TO BE SET UP WITH BALANCE SHEET ACCOUNT

I am trying to set up an Item so that I can charge it to a Balance Sheet account but the Item Group will not let me do this as it only allows me to charge it to either an Expense or Revenue account. Is there a way to correct this or change the current Revenue account it is being charged to a Balance Sheet account on the row level?

Hi Frank,
The reason why in some fields you can only have a certain account type is to avoid descrepancies and wrong accounting. They have been set up that way to allow the document flow in business one to create the correct entries.
Please consider that a revenue account will only be posted to once in this flow, there will be no debit balancing the credit in any target document. The same is true for the expenses.
Other accounts (Balance sheet accounts) like the allocation cost account will be balanced by the target document, the same is true for the BP Control account, it will be balanced by the payment.
The balances posted to the P&L accounts will remain there unless they are manually balanced or reversed by a credit note.
I hope it makes some sense.
Jesper

Transfer normal balance sheet accounts to PCA

Hi All,
Following 4 T-codes are available for transfer of balance sheet accounts from FI to PCA
1KEH                  EC-PCA: Transfer Material Stocks
1KEI                   EC-PCA: Transfer Assets
1KEJ                  EC-PCA: Transfer Work in Process
1KEK                 EC-PCA: Transfer Payables/Receivables
How do i transfer any other balance sheet account to PCA [other than through Default Profit Center (3keh)]
Regards,
Shridhar.

Hi Daniela, hi All, because this is my first posting I would like to introduce myself. I'm working with SAP since 1996, I'm certified FI and CO. I used to work as a consultant for six years and now I'm Inhouse SAP with Gerresheimer. http://www.gerresheimer.de/en/home.html
We are supporting our people around the world and also we are putting in new SAP systems in our organisation. Currently we have three different clients world wide, with different organizational levels. We are on SAP ECC 6.0 however not using the new GL yet.
So far so good ;-)..
===========
We are currently in the US trying to switch on balance sheet accounting for PCA due to business unit requirements.
We've got:
- Assets
- Material
- AP and AR
working! All with periodic transfer which we found more stable then online. When created the opening balances did match for AP and assets to FI and AR and material were just a little bit of, that was great.
Now we are running into the problem with all the other balance sheet accounts and still we are reading documentation, OSS Notes and all kind of stuff, but still we have problems. The issues are:
- Do we have to assign every account in 3KEH which is not covered by assets, ap/ar, and material? We tested it with a bank account and it is working, but the table in 3KEH only gives you the option of one PC, plus you can use derivation rule. Ok, there is a user exit but we are not sure about that...
- Why can't we use the profit center which is populated in the balance sheet account? Every BS account has the radio button 'profit center required' for example we have an accrual account in the PC is in there, we can see it, put when we move the FI document over with 1KE8 nothing happens.
- On the other hand we had an account and it was just working the way I described with 1KE8, the document was moved over to PCA.
We are really a little bit confused, since assets, AP/AR and material worked so well, we seem to be blocked on the other accounts and not sure what is the best way to go.
Any response is highly appreciated!
With best regards and all the best,
Thomas
Edited by: Thomas Sablonski on Jul 23, 2008 5:43 PM
Edited by: Thomas Sablonski on Jul 23, 2008 5:46 PM
======================================
We have got it working 100% looks nice...
basically the answer :
'- Do we have to assign every account in 3KEH which is not covered by assets, ap/ar, and material? '
is YES.
Thanks and regards,
Thomas
Edited by: Thomas Sablonski on Jul 24, 2008 11:40 PM

Functional Area - Balance sheet accounts

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