GL account error Valuation Clearing Account for multiple valuations

Hi
I am trying to configure multiple valuations. There is one path:
IMG --> Controlling --> General Controlling --> Multiple Valuation Approaches/Transfer Prices --> Level of Detail --> Define Valuation Clearing Account
I created in chart of account 1000 (assigned to company code 1000) GL account 490000 with PL account tick in FS00 and i created cost element as 01. Further i entered trading partner 100001 which is assigned to company code as a 'company' and in the GL account in trading partner. Now when i entered the GL account in above path, it gave following error:
Account 490000 is not a profit/loss account
Message no. KM125
Please let me know why its giving the error.

Hi,
I have maintained indicators for PRITEMX then I got error maintain services or limits.
here I am passing values for SERVICELIMIT table like DOC_ITEM, OVERALL_LIMIT & EXP_VALUE.
here I have doubt , have to maintain indicators for PRACCOUNTX & SERVICELIMITX ?
please suggest me.
Regards,
BBC

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Error -Account 'Down-payments clearing account' could not be found for area

When I am trying to pass a down payment entry by debiting vedor and crediting bank with asset it is giving an error as follows.
Account 'Down-payments clearing account' could not be found for area 01
Message no. AU133
Please help me to rectify the same.
Thanks in advance
Deepak

HI
Please pay attention at the possible causes of message AU133:
1. Error AU133:
   a) You have not defined a contra account for acquisition value postings in the Asset Accounting Customizing settings (Transaction AO90).However, this is required as of Release 4.6C because, as is the case for all other integration postings in Asset Accounting, invoice receipt postings have to be displayed in Asset Accounting via the new posting kernel to ensure an identical document
structure.
   b) You have defined the account in Asset Accounting, however, it is not created in the affected company code.Check whether the account is correct and create it for the company code, if necessary.
2. You have entered an asset reconciliation account for the "Contra account: Acquisition value posting" (for example, the same account as for   "Acquisition:Acquis. and production costs" account).This is not permitted.Check whether your account determination is correct
   (Transaction AO90) in Asset Accounting Customizing. The same applies
   for the 'Contra account: Down payment posting'.
3. As "Contra account: Acquisition value posting" you entered an asset G/L account. If necessary change the automatic posting indicator in the G/L account master record.
4.Check if you need revaluation accounts in depreciation areas involved   (AO90):
-Revaluation acquis. and production costs
-Offsetting account: Revaluation APC
Please run also programm RACKONTO where missing or wrong customizing
the accoutn determinations per company code is displayed
Also have a look at note 7595 in this regard.
Please assign points if it useful.
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Valuation clearing account

Can anyone explain me what is the use of Valuation Clearing Account ? Transaction code 8KEN
Documentation in IMG says
In this step you specify profit and loss accounts for valuation
differences that arise in business transactions between group companies.
What kind of value differences there might be? Currency differences?

This is part of PCA (Profit center accounting). The system is asking you to setup accounts because you may have differences that arise from a cross-company deliveries between two profit center balance sheet accounts. Therefore, this can only be cleared using a valuation transfer account. This account is also required if you have differences in transfer pricing. Hope that helps.

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Dear All,
Though the new year from excise point of view has begun....
Now i want to utilised the capital amount which was in cenvat on hold account in last year.
How do i move further so that i can utilise that 50 % amount this year.
Am i need to transfer the amount from cenvat on hold account to cenvat clearing account?
Please guide me with step by step.
Thanks in advance.
Shailesh

Dear Shailesh,
You can use the T.code J2I8 for transfering the On hold Credit by giving the Company code, Excise group & posting date. When you execute it you can see the balances per Vendor as line item entries. Select it & transfer. In the Accounting view you can see that Your cenvat clearing will get Credited & your Onhold A/c will get debited.
Award Points if its useful.
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Single batch for multiple Valuation Type on same Plant

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Is it possible to have single batch for multiple valuation type on same Plant.
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No you cannot have different valuation type for same batch of material for same plant.
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Assignment of key for tax clearing account to tax clearing account

Hello,
I need a tax clearing account for gross display of down payments. In order to do so, I set a key for tax clearing account in OBL3 t-code but, afterwards, I am unable to link that key to the account that I need. Where can I assign the key to the clearing account?
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HI,
Go to spro-> MM -> purchasng ->condition->define price determination process->define transaction and Event key
Reward if helpful,
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Chetan.

ERROR WHILE POSTING MIRO FOR MULTIPLE ACCOUNT ASSIGNMENT (ASSET)

Hi Guys,
We created a PO for asset with multiple account assignment. And we immediately do IR instead of GR.
While doing IR it is giving error
1) Quantity delivered is zero - Warning message
2) Account 245350 requires a Transaction Type or is Invalid - Error message
what may be the problem. how can we eliminate and post it
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palani

Hi,
I would assume the G/L account you used was not properly set up. Did you get the same problem if you try to change to another G/L account? Perhaps, get your FI specialist to look into this G/L account-related error and verify it.
Cheers,
HT

Accounting error : Posting not possible for profit center XYZ In company Z

HI folks,
Do any of you have come accross this error in passing of billing doc to accounting " Posting not possible for profit center 153 in company code Z134. Kindly let me know what could be the possiblity and the solutions
Thanks,
Kamal

Hi,
Might just be better off to take the guidance from your FI guys. Pl. check if all the assignments are made correctly, like the material is linked with a profit center and this profit center to a cost center and finally to the controlling area. Also check if the currency of the profit center is the same as the controlling area currency.
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Reset Cleared document for multiple docs

Deal all,
There are around 699 documents which were cleared using a particular document number( only one ).
Now the user wants to reverse all these documents . As these docs are cleared , we cannot reverse these docs.
Can we reset the clearing document using FBRA ? If i reverse that clearing document,can i then reverse all the 699 documents?
Thanks
Srikanth.

Hi
As you said there are around 699 documents which were cleared using one document.
FBRA is used for Cleared Item Reversal.
Go to FBRA give that Clearing Document Number , company code and fiscal year and save.
select Resetting and Reverse button.give Reversal Reason.
Document will be Reversed.This means that the Clearing Document will be Reversed and also all the 699 documents which are cleared by that single clearing document will become Open Items.
That is the meaning of Resetting.Reversing the Cleared Document and Resetting the Original Open Items.
There is no need of Reversing all those items seperately.
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Foreign currency valuation for GR/IR clearing account is repeatedly posting

While executing foreign currency valuation (program SAPF100) through T code F.05 the following fields are selected for the spotted rate valuation for currency type 10.
A)     Valuate G/L account open items
B)     Evaluate GR/IR account (GR/IR clearing account is selected)
C)     Valuate customer open items
After execution the valuation postings are repeated in GR/IR FC valuation Balance sheet adj account while the postings in other accounts occur only once.
GR/IR FC valuation Balance sheet adjustment account is configured in OB09 for GR/IR account for respective currency type and local currency.
What could be the reason for repeated postings in FC valuation account?

I think there is some issue with the process, normally vendor/customer reconciliation account or some liability assets related account which has impact due to foreign currency rate changes needs to be revaluated. I don't understand why you have set up foreign currency valuation for GR/IR account, these are intermediatory account which reflects in system between for example GR and IR.
I also think that you need more information on foreign currency valuation, basically it happens on a particular key date and gets reversed on key date + 1, because revaluation is only required on a key date for reporting purposes. on the next day it get reversed and actual loss or profit on foreign currency only gets booked on realization.
Hope this helps!!!
Murlidhar Khatri

Unable to view entries in FAGLL03 for Zero Balance Clearing Account

Hi experts,
We are facing a unique problem. We are not able to view the line items of the Zero Balance clearing account. The master data of the G/L has been activated for line items but still the display of the items is not happening. I am getting the foll message:
Account 19900000, company code 1100 is clearing account
Message no. MSITEM111
Diagnosis
You have stored account 19900000 in company code 1100 as a clearing account. At the same time, you use line item management with this account.
System Response
Error message issued because line item display cannot read data for an account in a ledger if line items exist partially in the entry view together with clearing items for which there are no line items. In such cases, only the data with line items would be selected.
Procedure
Check the Customizing settings or account control. Change the settings so that only automatic postings without line items can be made to the account, or select a different account as the clearing account.
Regards,
Sateesh

Hi
In splitting case you need not the give the line item display tab for Zero Balance Clearing Account.
Just remove that line item display in FS00 for Zero Balance account. You could be able to see the entries in FAGLL03
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Error : Excise modvat accounts not defined for GRPO transaction and U1 exci

I have Created Impot PO, After Planned Delivery cost MIRO I am trying to Perform GR then its giving Error "Excise modvat accounts not defined for GRPO transaction and U1 excise group
Message no. 8I402"
I have already maintained GL account in "Specify G/L Accounts per Excise Transaction" for Excise group U1
This problem is coming when Additional Duty on custom condition type JADC is maintained in "Maintain Excise Defaults" node in the column "ADC Cond" . If I remove JADC condition type from this place the this error is not coming but AED column is not fetching any value while doing GR.
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Edited by: shiwanshu singh on Jan 28, 2009 10:26 AM

Dear sir
For GRPO have you maintained sub transaction Type IP for your excise group U1. If you not maintained pl maintain . and assign G/L account to modvat clearing account , the G/l account should be same as company code CVD account.
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jrp

Clearing Accounts Error during CAT7

Hi All,
I have got query related to CATS posting to CO i.e. CAT7.
We are doing inter company CATS. While transferring data to CO, we are getting error that clearing accounts are not maintained for the set of company codes and posting key is not defined.
We have maintained ZERO rate in KP26 for the year for which we are posting timesheet.
My questions are:
Can we post CATS to CO with ZERO rates maintained in KP26 for that year??
When rates maintained in KP26 is ZERO then do we need to have clearing accounts maintained thorugh OBYA??
Please reply with your expert comments.
regards
Nishith

Hi,
Thanks for reply.
In our case, for specific Cost Center, we do need the cost to bill it further but need to have quantity for CO reporting purpose. Hence needs to generate CO document.
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Clearing Accounts are not maintained error during CAT7

Hi All,
I have got query related to CATS posting to CO i.e. CAT7.
We are doing inter company CATS. While transferring data to CO, we are getting error that clearing accounts are not maintained for the set of company codes and posting key is not defined.
We have maintained ZERO rate in KP26 for the year for which we are posting timesheet.
My questions are:
Can we post CATS to CO with ZERO rates maintained in KP26 for that year??
When rates maintained in KP26 is ZERO then do we need to have clearing accounts maintained thorugh OBYA??
Please reply with your expert comments.
regards
Nishith

I think, i have posted in the right forum. I have seen similar kind of tread. CATS is considered under PS only.
Please suggest if still i need to post in CO forum.
regards
Nishith

GR/IR Clearing accounts

In SAP which accounts are posted when i am paying the vendor against the invoice.
WHAT IS THE SIGNIFICANCE OF GR/IR clearing account in SAP.
When the invoice is posted how the various accounts are posted.
I am bit confused about the concept of debit and credit.
Also whats the meaning of stock account

IMPORTANT SAP NOTES ON CONFIGURATION OF MM-FI ACCOUNT DETERMINATION & AUTOMATIC POSTINGS
                                                                                What are automatic postings?
Postings are made to G/L accounts automatically in the case of Invoice Verification and Inventory Management transactions relevant to Financial and Cost Accounting.
Example:
Posting lines are created in the following accounts in the case of a goods issue for a cost center:
Stock account, Consumption account
                                                                                How does the system find the relevant accounts?
When entering the goods movement, the user does not have to enter a G/L account, since the R/3 System automatically finds the accounts to which postings are to be made using the following data:
Chart of accounts of the company code
If the user enters a company code or a plant when entering a transaction, the R/3 System determines the chart of accounts which is valid for the company code.
You must define the automatic account determination individually for each chart of accounts.
Valuation grouping code for the valuation area
If the automatic account determination within a chart of accounts is to run differently for certain company codes or plants (valuation areas), assign different valuation grouping codes to these valuation areas.
You must define the automatic account determination individually for every valuation grouping code within a chart of accounts. It applies to all valuation areas which are assigned to this valuation grouping code.
If the user enters a company code or a plant when entering a transaction, the system determines the valuation area and the valuation grouping code.
Transaction/event key (internal processing key)
Posting transactions are predefined for those inventory management and invoice verification transactions relevant to accounting. Posting records, which are generalized in the value string, are assigned to each relevant movement type in inventory management and each transaction in invoice verification. These contain keys for the relevant posting transaction (for example, inventory posting and consumption posting) instead of actual G/L account numbers. You do not have to define these transaction keys, they are determined automatically from the transaction (invoice verification) or the movement type (inventory management). All you have to do is assign the relevant G/L account to each posting transaction.
Account grouping (only for offsetting entries, consignment liabilities, and price differences)
Since the posting transaction "Offsetting entry for inventory posting" is used for different transactions (for example, goods issue, scrapping, physical inventory), which are assigned to different accounts (for example, consumption account, scrapping,
expense/income from inventory differences), it is necessary to divide the posting transaction according to a further key: account grouping code.
An account grouping is assigned to each movement type in inventory management which uses the posting transaction "Offsetting entry for inventory posting".
Under the posting transaction "Offsetting entry for inventory posting", you must assign G/L accounts for every account grouping, that is, assign G/L accounts.
If you wish to post price differences to different price difference accounts in the case of goods receipts for purchase orders, goods receipts for orders, or other movements, you can define different account grouping codes for the transaction key.
Using the account grouping, you can also have different accounts for consignment liabilities and pipeline liabilities.
Valuation class of material or (in case of split valuation) the valuation type
The valuation class allows you to define automatic account determination that is dependent on the material. for example: you post a goods receipt of a raw material to a different stock account than if the goods receipt were for trading goods, even though the user enters the same transaction for both materials. You can achieve this by assigning different valuation classes to the materials and by assigning different G/L accounts to the posting transaction for every valuation class.
If you do not want to differentiate according to valuation classes you do not have to maintain a valuation class for a transaction.
Requirements
Before you maintain automatic postings, you must obtain the following information:
1. Valuation level (plant or company code)
    Establish whether the materials are valuated at plant or at company code level
    When valuation is at plant level, the valuation area corresponds to a plant. When
    valuation is at company code level, the valuation area corresponds to a company
    code.
2. Chart of accounts and valuation grouping code per valuation area
    Find out whether the valuation grouping code is active.
    Activate split valuation
    If it is not active, determine the chart of accounts assigned to each valuation area
    (via the company code). If it is active, determine the chart of accounts and the
    valuation grouping code assigned to each valuation area. Group valuation areas
   You must define a separate account determination process for chart of accounts
   and each valuation grouping code.
3     Valuation class per material type
    If you wish to differentiate the account determination process for specific
    transactions according to valuation classes, find out which valuation classes are
   possible for each material type Define valuation class
4. Account grouping for offsetting entries to stock accounts
    Under Define account grouping for movement types, determine for which
    movement types an account grouping is defined for the transaction/event keys
    GGB (offsetting entry to stock posting), KON (consignment liabilities) and PRD
    (price differences).
   Activities
1.     Create account keys for each chart of accounts and each valuation grouping code
      for the individual posting transactions. To do so, proceed as follows:
a)     Call up the activity Configure Automatic Postings.
         The R/3 system first checks whether the valuation areas are correctly
         maintained. If, for example, a plant is not assigned to a company code, a dialog
         box and an error message appear. From this box, choose Continue (next entry)
         to continue the check.
         Choose Cancel to end the check.
         The configuration menu Automatic postings appears.
b) Choose Goto -> Account assignment.
         A list of posting transactions in Materials Management appears.
         For further details of the individual transactions, see Further information.
         The Account determination indicator shows whether automatic account
         determination is defined for a transaction.
c) Choose a posting transaction.
         A box appears for the first posting transaction. Here you can enter a chart of
        accounts
You can enter the following data for each transaction:
-   Rules for account number assignments
     With Goto -> Rules you can enter the factors on which the
     account number assignments depend:
     - debit/credit indicator
     - general grouping (= account grouping)
     - valuation grouping
     - valuation class
-   Posting keys for the posting lines
     Normally you do not have to change the posting keys. If you
     wish to use new posting keys, you have to define them in the
     Customizing system of Financial Accounting.
-   Account number assignments
     You must assign G/L accounts for each transaction/event key
     (except KBS). You can assign these accounts manually or copy
     them from another chart of accounts via Edit -> Copy.
     If you want to differentiate posting transactions (e.g.
     inventory postings) according to valuation classes, you must
     make an account assignment for each valuation class.
     Using the posting transaction "Offsetting entry for inventory
     posting", you have to make an account assignment for each
     account grouping
If the transaction PRD (price differences) is also dependent on
      the account grouping, you must create three account assignments:
      - an account assignment without account grouping
      - an account assignment with account grouping PRF
      - an account assignment with account grouping PRA
      If the transaction KON (consignment and pipeline liabilities) is
      also dependent on the account grouping, you must create two
      account assignments:
      - an account assignment without account grouping (consignment)
      - an account assignment with account grouping (pipeline)
d) Save your settings.
Then check your settings with the simulation function.
With the simulation function, you can simulate the following:
-   Inventory Management transactions
-   Invoice Verification transactions
When you enter a material or valuation class, the R/3 system
determines the G/L accounts which are assigned to the corresponding
posting transactions. Depending on the configuration, the SAP system
checks whether the G/L account exists
In the simulation you can compare the field selection of the
movement type with that of the individual accounts and make any corrections.
If you want to print the simulation, choose Simulation -> Report.
To carry out the simulation, proceed as follows:
a) Choose Settings to check the simulation defaults for
      - the application area (Invoice Verification or Inventory
      Management)
      - the input mode (material or valuation class)
      - account assignment
      Instructions
b) Choose Goto -> Simulation.
      The screen for entering simulation data appears.
c) Depending on the valuation level, enter a plant or a company
      code on the screen.
d) When you simulate Inventory Management transactions, goods
      movements are simulated. The R/3 system suggests the first
      movement type for simulation. If several movements are possible
      with this movement type, you can select a line.
      When you simulate Invoice Verification transactions, a list
      appears on the screen of the possible transaction types. Select
      a line.
e) Then choose Goto -> Account assignments.
    A list appears of the posting lines which can be created by the
    selected transaction. For each posting line, the G/L account for
    the debit posting as well as the G/L account for the credit
    posting are displayed.
f) From this screen, choose Goto -> Movement+ to get a list of the
    posting lines for the next movement type or transaction type.
This will give u some idea abt GR/IR. Reward if useful.
Regards
Ravi

GL account error Valuation Clearing Account for multiple valuations

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